What is a share buy-back and how does it work?

A share buy-back is a capital management strategy used by companies to return money to shareholders. In Australia, a share buy-back occurs when a company decides to repurchase shares from shareholders. These shares are then cancelled, reducing the number of shares on issue. Share buy-back programs are performed by a company either “on-market” (i.e. on … Continue reading What is a share buy-back and how does it work?