Woolworths declares $2bn share buyback as profit hits $2.07bn
Inside Retail
AUGUST 25, 2021
Woolworths has announced a $2 billion share buyback following the demerger of its drinks business Endeavour Group and a strong year at the supermarket checkouts. Physical supermarket sales increased by 2.0 billion, impacted by low market growth in the first half and the restrictive lockdown in H2, and EBIT dropped 4.6
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