Forum Archive Index - March 2004

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] Commonwealth Share Buy Back

From:	Mark Hubbard <mhubbard@es.co.nz>
Date:	Tue, 23 Mar 2004 21:41:40 +1200

I'm just reading the documentation regarding the Commonwealth Bank share buy back. It appears to me that this is not such a good deal for a Kiwi investor, (to participate in the share buy back), as doing so will convert otherwise capital receipts (not a share trader) into a taxable dividend (or at least a portion of). A New Zealand investor would surely be better off staying out of the buy back.

Do forum members agree? Anybody know of link for a NZ perspective on this issue?

Cheers


---
Outgoing mail is certified Virus Free.
Checked by AVG anti-virus system (http://www.grisoft.com).
Version: 6.0.620 / Virus Database: 399 - Release Date: 11/3/04

----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/

Replies

Re: [sharechat] Commonwealth Share Buy Back tennyson@caverock.net.nz

References

Re: [sharechat] ASX: MUL - Multiemedia UPDATE Cristine Kerr
Re: [sharechat] ASX: WAL - Wavenet UPDATE Cristine Kerr
Re: [sharechat] ASX: WAL - Wavenet UPDATE Mark Hubbard
Re: [sharechat] ASX: WAL - Wavenet UPDATE Cristine Kerr

Messages by Date [	Next by Date:	RE: [sharechat] price of gold. Baa Baa
	Previous by Date:	[sharechat] Hirequip - What's your view now? philip ]
Messages by Thread [	Next by Thread:	Re: [sharechat] Commonwealth Share Buy Back tennyson@caverock.net.nz
	Previous by Thread:	Re: [sharechat] ASX: WAL - Wavenet UPDATE Cristine Kerr ]
Post to the Forum [	New message	Reply to this message ]