Categories
BHP Share Buy-Back: Should You Accept The Offer?
If you hold BHP shares in your own name, family trust or self managed super fund, it is likely you have received information from BHP about a buy-back and a query of whether you wish to take part.
As such a large part of the buy-back is being paid as fully franked dividend, the answer really varies depends on your tax rate and whether your think the stock will grow further in the long term.
Its important to understand your options. Our Private Wealth team are here to assist you with completing paperwork, providing advice and reviewing and checking your current portfolio is suitable for your specific purposes.
We do expect this buy-back will be popular and is due to close Friday 14th December, so get in touch with the Private Wealth team directly on 8393 1032 to book an appointment or have an initial chat.
Darren Foster, Partner, Paris Financial