Share purchase plans

Publisher:
Financial Services Institute of Australasia
Publication Type:
Journal Article
Citation:
JASSA, 2006, 1 (Autumn), pp. 18 - 23
Issue Date:
2006-01
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By mid-2005, share purchase plans (SPPs) had been used 600 times by 400 listed Australian companies since PPs were introduced in 1991. This form of seasoned equity offering (SEO), is available only to registered shareholders, with the shares being offered at a discount to the market price and without any brokerage charge.
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