We regularly receive inquiries from Australians wanting to sell their Bank of Queensland shares, so we have fine-tuned the process to make the sale as quick and painless as possible. You can either fill in our online share sale service in only a couple of minutes or phone us a call on 1300 722 852 and we can take your details over the phone.
In August 2007, BOQ announced a proposal to merge with Home Building Society Limited (HOME) and in doing so acquired all the issued shares and options in HOME.
Subsequently, on November 30 2007, 94% of HOME shareholders voted in favour of the merger resulting in a $592 million deal between BOQ and HOME. Each HOME shareholder received 0.84 BOQ shares for every 1 HOME share plus $2.80 cash, resulting in a 20% ownership of BOQ by HOME shareholders.
If you have some BOQ shares but do not remember directly purchasing them, and you where a customer of HOME, this is probably how you came to own the shares.
Simple. Take a few minutes to complete our online express share sale form and we can process your sale without opening a share trading account.
Be sure to have your SRN handy. This can be found on your BOQ Share Certificate, Holding Statement or Dividend Statement – it starts with an ‘I’ (yes the letter, not a number 1). You can find more information on Holding Statements here. If you don’t have any documents that show your SRN, we may be able to conduct an electronic SRN search for you.
Once we sell your BOQ shares (at the best available market price), we will send you a contract note, which will detail:
This money will be deposited into your nominated bank account. You will provide your banking details as part of the online share sale process.
Using our Express Share Sale Service, your sale can often be processed the same day (if you get your submission in by mid-morning).
The money will normally land in your bank account on evening of the the 3rd business day following the day your shares are sold.
