Money magazine Comments - BHP's $14.5 billion share buyback: should you cash in? BHP is returning $14.5 billion to shareholders through an off-market buyback and a special dividend. If you hold shares in BHP, here's what you need to know. https://www.moneymag.com.au/feed/latest?story=141538536 Wed, 07 Nov 2018 20:57:56 +1100 Wed, 07 Nov 2018 20:57:56 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - BHP's $14.5 billion share buyback: should you cash in? https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Richard Bulman ()

What a silly unhelpful article. Read the announcement and you will get more information than that.

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]]> Richard Bulman () Wed, 07 Nov 2018 20:57:56 +1100 Comment by Andrew ()

Buy backs also benefit anyone of the other 10m + people that have a superannuation fund be that in accumulation or pension mode and either retail or Industry fund where they can use the refunded franking credits to benefit their 6m members.

BHP are obviously trying to take this action in the interest of their shareholders, the majority being individual Australians in their superannuation fund before the next election and the possible changing of the Franking Credit rules that is being actively promoted by one party to benefit the government as opposed to the ordinary mum and dad members of superannuation funds.

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]]> Andrew () Mon, 19 Nov 2018 14:12:32 +1100