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Why Is Clover Buying Back 3.26 Million Shares Over Two Years?
8:54am on Friday 23rd of January, 2026 AEDT
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Consumer Staples
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Why Is Clover Buying Back 3.26 Million Shares Over Two Years?
8:54am on Friday 23rd of January, 2026 AEDT
Key Points
On-market buyback of up to 3,264,167 shares approved at 2025 AGM
Shares acquired to meet vesting of performance rights from 2024 to 2026 grants
Buyback capped at 5% above 10-day volume weighted average price
Represents 1.95% of Clover’s issued capital
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