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.  Click here to learn more about director trading.

To purchase a spreadsheet of all ASX companies currently buying back shares, click here Click on share codes for company information.

Latest ASX share buybacks
Company  Announced Time period Shares to buy back
Downer EDI (ASX:DOW) 27/04/21 12/5/21-11/5/22 Max 70m
KKR Credit Income Fund (ASX:KKC) 19/04/21 3/5/21-3/5/22 Max value $20m
Boral (ASX:BLD) 1/04/21 19/4/21-19/4/22 Max 122.5m
Nova Minerals (ASX:NVA) 22/03/21 25/3/21-25/3/22 Max value $5m
Timah Resources (ASX:TML) 19/03/21 7/4/21-6/4/22 Max 1m
Dalrymple Bay (ASX:DBI) 26/02/21 26/2/21-26/2/22 Max 50m
Smart Parking (ASX:SPZ) 25/02/21 11/3/21-11/3/22 Max 5m
Growthpoint Properties (ASX:GOZ) 25/02/21 25/2/21-25/2/22 Max 19.3m
PTB Group (ASX:PTB) 24/02/21 Unlimited Max 5m
Horizon Oil (ASX:HZN) 17/02/21 4/3/21-3/9/21 Max 100m
GPT Global (ASX:GPT) 15/02/21 15/02/21-14/02/22 Max 97.3m
Thorney Opportunities (ASX:TOP) 3/02/21 19/02/21-18/02/22 Max 16.2m