A message from our Chairman

“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

Our Chairman Catherine Livingstone

A message from our CEO

“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 

Our CEO Matt Comyn

Buy-Back summary

The CBA Board are pleased to invite Eligible Shareholders to consider participating in an off-market buy-back (Buy-Back) of up to $6 billion of CBA ordinary shares (Shares).

The Buy-Back will be conducted by way of an off-market tender process which is expected to open on Monday 30th August 2021 and close at 7:00pm on Friday 1st October 2021 (Sydney/Melbourne time). The Buy-Back will be open to Eligible Shareholders who are registered holders of Shares on the Buy-Back Record Date (Wednesday 18th August 2021) and who have a registered address in Australia or New Zealand.

Participation in the Buy-Back is voluntary and should be considered based on your own personal circumstances.

Where to get further information

For more information about the Buy-Back and how to apply online, please visit our Buy-Back website and download the Buy-Back booklet (Booklet).

The Booklet contains more information about the Buy-Back, the tender process and how to participate. It is important that you read the Booklet in full before deciding to participate.

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.

Things you should know

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.

Before deciding to participate, please read the Booklet in full and consider the details carefully. Participation in the Buy-Back is voluntary and may not suit your particular circumstances. If you do not wish to participate, you do not need to take any action. If you have any questions about the Buy-Back, please seek advice from your financial, taxation or other professional adviser.

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.