Help & support
“CBA’s strong capital position and our progress on executing our strategy mean that we are well placed to continue to support our customers and manage ongoing uncertainties, while also returning a portion of surplus capital to shareholders. After careful consideration, your Board has determined that the Buy-Back is the most efficient and value-enhancing strategy to distribute CBA’s surplus capital and franking credits.”
- Catherine Livingstone AO, Chairman
“The Buy-Back follows CBA’s continued strong operating performance and the completion of various divestments. Post Buy-Back, CBA will continue to have a strong surplus capital position to support our customers.”
- Matt Comyn, CEO
On Monday, 4th October 2021, CBA bought back a total of 67.7 million Shares at the Buy-Back Price of $88.62 per Share, returning a total of $6 billion to participating shareholders. The Shares bought back will subsequently be cancelled by CBA.
Due to the strong demand for the Buy-Back, a scale back of Applications was required. The scale back was structured to minimise disadvantaging shareholders with a small number of Shares.
Buy-Back proceeds were paid to successful shareholders on Friday, 8th October 2021.
The Australian Taxation Office (ATO) has confirmed in its Class Ruling that the Capital Component of the Buy-Back Price is $21.66 and the fully franked Dividend Component of the Buy-Back Price is $66.96. For Australian tax purposes, the sale proceeds of the Shares for entities to which the Class Ruling applies other than companies is $29.22, being the $21.66 Capital Component plus $7.56 which represents the excess Tax Value over the Buy-Back Price.
The ATO has issued their Class Ruling in relation to the Buy-Back which is available on the ATO website.
For more information about the Buy-Back including confirmation of the outcome for any Applications submitted, please visit our Buy-Back website.
If you would like to talk to us about the Buy-Back, please contact our Share Registry information line on 1800 022 440 or on +61 1800 022 4401 if you’re overseas.
Shareholder FAQs
To enquire about or manage your shareholding contact Link Market Services.
For any Buy-Back enquiries contact the CBA Share Registry information line on 1800 022 440 (within Australia) or on +61 1800 022 440 (outside Australia) (Monday to Friday 8.00am – 7.30pm, Sydney time) on business days.
1 When calling from overseas using your mobile, standard roaming charges may apply. To avoid roaming charges, call the international operator in the country you’re in from a land line and provide them our number.
This website does not constitute, or form part of, any offer or invitation to sell, or any solicitation of any offer to purchase any securities in any jurisdiction, nor shall it or the fact of its distribution be relied on in connection with any contract thereof. No indications of interest in the Buy-Back are sought by this website. Shareholders who are (or nominees or trustees who hold Shares on behalf of or for the account or benefit of persons who are) located in the United States or US Persons (within the meaning of Regulation S under the United States Securities Act of 1933, as amended), residents of Canada or who are otherwise excluded foreign persons will not be eligible to participate in the Buy-Back described on this website. Buy-Back documents, including the Booklet describing the terms of the Buy-Back and application forms, when issued, will not be distributed or released in or into the United States or Canada.
Unless otherwise defined, capitalised terms on this website have the meaning given to them in the Booklet.
