Cba Shares Issue Price Ipo

Cba shares issue price ipo

Subject:

Ed, in a previous comment, mentioned this, Colonial Mutual shareholders were provided with 7 CBA shares for each 20 Colonial Mutual shares that they held.

(This may be of interest to somebody in the future.)

I have recently needed to find the cost base for CBA shares (how much each CBA share was worth when they exchanged my Colonial Mutual shares for CBA shares in 2000).

Cba shares issue price ipo

When CBA acquired Colonial Mutual, on 13 June 2000, each share was assigned a value of $26.39. Colonial Mutual shareholders were provided with 7 CBA shares for each 20 Colonial Mutual shares that they held.

Page 65 of the 2000 Annual Report:
http://www.commbank.com.au/about-us/shareholders/pdfs/annual-reports/2000_Annual_report_financial_statements_1MB.pdf

Cba shares issue price ipo