Buyback
NAB signals confidence with $1.5b buyback as profits rise
The country’s second-largest bank reported a 5.8 per cent increase in profit and announced a $1.5 billion share buyback but saw the quality of its loans fall.
- by Millie Muroi
Latest
Santos hands more profits to investors as oil, gas prices surge
Santos, one of Australia’s largest oil and gas producers, has doubled the size of its share buyback program to more than $1 billion amid surging commodity prices.
- by Nick Toscano
Magellan investor dumps stock amid leadership instability
ECP Asset Management has sold its longstanding shares in Magellan after a new leadership team was abruptly brought in.
- by Charlotte Grieve
Huge cash piles set to keep M&A boom rolling
Australia’s mergers and acquisitions boom is set to roll on as major corporates deal with massive cash piles that have swollen further while they generated strong-than-expected profits in the first half of this year.
- by Patrick Hatch
M&A boom predicted after companies sit on $40 billion cash pile
Ongoing COVID lockdowns are not expected to stop companies opening the purse strings to pursue acquisitions or return cash to investors via buybacks and dividends.
- by Colin Kruger
The decade of shrinking global stock markets is finally over
With returns diminishing across the fixed-income world, equities are increasingly seen as the only game in town.
- by Justina Lee and Lu Wang
Original URL: https://www.theage.com.au/topic/share-buyback-1mp6