What are share buy-backs and why are they used by companies like WOW & CSL?
William Donnan
September 30, 2020
Share buy-backs have been used by many companies on the
Woolworths Group Ltd (ASX: WOW) was founded in 1924 by Percy Christmas, with its first store opening in Sydney’s Imperial Arcade. Woolworths has gone on to become Australia’s largest supermarket business, operating Woolworths supermarkets in Australia and Countdown in New Zealand. It also runs the retail department store Big W as well as liquor stores Dan Murphy’s and BWS. With over 3,000 stores and more than 200,000 employees, it’s one of Australia’s largest employers.
Share buy-backs have been used by many companies on the
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