Mr MyShare signs up...
On 6 January 2021, Mr MyShare signed up to the MyShare program. He decided to contribute AUD 60 each month for 12 months, starting in February 2021. In March, the MyShare program used Mr MyShare’s February AUD 60 contribution to purchase 5 Brambles shares at the market price*.
Shares were bought for Mr MyShare in this manner during the following 11 months.
*Depending on the amount you wish to contribute, the amount of shares you acquire will vary.
Mr MyShare sits back and relaxes…
Over the 12-month period from February 2021 to January 2022, Mr MyShare contributed a total of AUD 720 to his 2021 MyShare plan, which was used to purchase 67 Brambles shares.
Mr MyShare gets rewarded…
For the 12 months following the final share purchase, Mr MyShare:
- continued to be employed within the Brambles Group, and
- held onto his 67 Acquired Shares.
As a result, Brambles rewarded Mr MyShare with 67 Matching Shares.
He then owned a total of 134 Brambles shares.