How many Share Purchase Plans are there each year?

ASX listed entities regularly use Share Purchase Plans (SPPs) to raise capital and to give retail investors the opportunity to purchase securities at a discount to the trading price. 

Over the 12-year period from 1 January 2008 to 31 December 2019, there was an average of 27 SPPs undertaken by the 300 largest listed entities each year. The largest number in a particular year by this group of companies occurred in the year following the Global Financial Crisis, with 48 SPPs completed.

Do you have more questions? Feel free to send them in to us