As part of our capital management strategy, Woolworths Group successfully completed its A$1.7bn off-market buy-back on 27 May 2019.
The ordinary shares were bought back at $28.94, representing a 14% discount to the Woolworths Group market price of $33.6434 (being the volume-weighted average price of Woolworths Group ordinary shares over the five trading days up to and including the closing date of 24 May 2019), and comprised a fully franked dividend component of $24.15 and a capital component of $4.79 per share.
58.7 million shares were bought back and subsequently cancelled.
Payments to successful Eligible Shareholders commenced on 30 May 2019.
If you are enquiring about whether your offer was successful, please call Woolworths Group Share Registry on 1300 368 664 within Australia or +61 1300 368 664 from outside Australia (Monday to Friday 8.00am-7.00pm, Sydney time).
For copies of any Buy-Back ASX documents, please click here.
The ATO have issued their relating to the Buy-Back. You can find details of the ruling in the documents below.
The documents below should not be distributed or released in or into the United States or Canada.