Click here to view the Buy-Back Booklet and submit your offer online

Summary and important dates

Woolworths Group announced an off-market buy-back of Woolworths Group ordinary shares (Buy-Back) on Monday, 1 April 2019.

The Buy-Back will be conducted through a tender process. Eligible Shareholders who choose to participate can offer to sell some or all of their Shares to Woolworths Group:

  • at a discount between 10% to 14% (inclusive) at 1% intervals to the Market Price; or
  • at the Buy-Back Price, which is an election to sell your Shares at the price determined by Woolworths Group following completion of the tender process.

The Buy-Back Price will be determined as the lowest price at which Woolworths Group can buy back.

The Offer Period for the Buy-Back is open from Tuesday 16 April 2019 to 7.00pm (Sydney time) on Friday 24 May 2019.

How can I participate?
Obtain the Booklet
  1. Download a copy of the Booklet aboveOpens in new window ; or
  2. Contact the Woolworths Group Share Registry information lineOpens in new window to request a paper copy (along with a personalised paper Offer Form)
Read the Booklet The Booklet is an important document containing details of the Buy-Back. You must read all the information in the Booklet before deciding to participate in the Buy-Back.
Decide whether to participate
  1. Participation in the Buy-Back is entirely voluntary;
  2. If you do not wish to participate in the Buy-Back, you do not need to take any action;
  3. If you decide to participate after obtaining and reading the Booklet, refer to the options below on how to participate.
If you are an Eligible Shareholder and would like to participate, your options are:
  1. Submitting an Offer Form online at woolworthsgroup.com.au/buyback; or
  2. Requesting a personalised paper Offer Form from the Woolworths Group Share Registry and submitting it via mail; or
  3. Contacting your controlling CHESS participant.

Important dates

Monday

08

April 2019

Buy-Back Record Date

Tuesday

16

April 2019

Offer Period opens

Friday

24

May 2019

Offer Period closes*

Monday

27

May 2019

Buy-Back Date

Thursday

30

May 2019

Buy-Back Price paid to successful Eligible Shareholders

While Woolworths Group does not anticipate any changes to these dates and times, it reserves the right to vary them without notifying you.

*If you are a CHESS Holder, we encourage you to submit your Offer Form online by no later than 5.00pm (Sydney time) on Thursday, 23 May 2019. The Woolworths Group Share Registry will need to confirm with your controlling CHESS participant any online submission of your Offer Form before it can be taken as validly submitted and there may not be sufficient time to do so for any online Offer Forms submitted by CHESS Holders after 5.00pm (Sydney time) on Thursday, 23 May 2019.

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