What is a buyback?
A buyback, also known as a repurchase, is the purchase by a company of a portion of its outstanding shares that reduces the number of its shares on the open market. This increases the EPS (earnings per share), all else being equal. It is usually looked upon favorably, as management usually look to repurchase shares when they think they are undervalued.
To purchase a spreadsheet of all ASX companies currently buying back shares, click here.
Latest ASX share buybacks
|Company||Announced||Time period||Shares to buy back|
|Adacel Technologies (ASX:ADA)||29/12/20||11/01/21-10/01/22||10% of issue|
|Keybridge Capital (ASX:KBC)||10/12/20||25/12/20-9/12/21||Max 19.7m|
|Healius (ASX:HLS)||9/12/20||29/12/20-28/12/21||up $200m worth|
|Elanor Funds (ASX:ERF)||8/12/20||22/12/20-21/12/21||10% of issue|
|Magellan Global (ASX:MGF)||30/11/20||30/11/20-29/11/21||Max 124,162,911|
|Ampol (ASX:ALD)||23/11/20||25/11/20-1/2/21||Approx. $300m|
|Future First Tech.(ASX:FFT)||13/11/20||17/11/20-9/12/20||Max 200 million|
|Eildon Capital (ASX:EDC)||13/11/20||12 months||Max 10 million|
|IVE Group (ASX:IGL)||12/11/20||1/12/20-30/11/21||10% of issue|
|BSA Limited (ASX:BSA)||5/11/20||19/11/20-19/11/21||10% of issue|
|Intega Group (ASX:ITG)||29/10/20||13/11/20-13/11/21||up to 44,526,640|
|Yellow Brick Road (ASX:YBR)||7/09/20||25/9/20-24/9/21||up to 26,430,072|
|Orora (ASX:ORA)||20/08/20||14/9/20-30/6/21||up to 96.5 million|
|VGI Partners (ASX:VG1)||18/08/20||2/9/20-2/9/21||up to 40,692,105|