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Tax and the CBA buyback

Article Abstract:

The Commonwealth Bank of Australia (CBA) made an offer to buy back its own shares under very appealing circumstances in Nov. 1997, but there are tax implications at the end of the tax year. Many small investors took advantage of the offer, which involved special tax arrangements. A buyback transaction is seen as a sale on the part of the shareholder but not as a buy by the company buying shares back for tax purposes.

Author: Renton, Nick
Publisher: B R W Media
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1998
Taxation, Cover Story, Securities, Commonwealth Bank of Australia, Stock redemption

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Who mourns for Herbie Wirth?

Article Abstract:

The story of Herbie Wirth is presented with emphasis on his life which seemed lonely and the impact he made on others. Although when he died it appeared he had no family many people he had met in his life turned up at his funeral.

Author: Blank, Joseph P.
Publisher: Reader's Digest Association, Inc.
Publication Name: Reader's Digest
Subject: General interest
ISSN: 0034-0375
Year: 2001
Influence, Human beings, Humans, Wirth, Herbie

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An embarassment of Richies

Article Abstract:

Dick Allen and Rich Ashburn are considered as two of the greatest baseball players the Philadelphia Phillies ever had. Both players have been inducted in baseball's Hall of Fame and are now living simple lives as private citizens.

Author: Barra, Allen
Publisher: Philadelphia Magazine
Publication Name: Philadelphia Magazine
Subject: Regional focus/area studies
ISSN: 0031-7233
Year: 1995
Personalities, Baseball players, Philadelphia Phillies, Ashburn, Rich, Allen, Dick

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