The push to allow IPOs to buy back shares to prop up prices

ASIC is keen to help Australia’s listed markets along, which is good for the country.

Its first two changes – surprisingly made at only the halfway point of a broader review into public and private markets – were ideas straight from the top end of town, the investment banks and law firms present whenever an Australian company taps public markets.

Source: https://www.afr.com/chanticleer/the-push-to-allow-ipos-to-buy-back-shares-to-prop-up-prices-20250707-p5mcza