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Showing 161 - 170 of 190 results for "Buyback"

Seven says foreign ownership level above allowed level

AAP  |  THURSDAY, 30 SEP 2004
... commercial television network. Seven's foreign ownership levels crept above the strict Australian cut-off limit after a share buyback last December, prompting the Australian Broadcasting Authority to issue breach notices in March 2004. The formal notices ...

Telstra starts capital management plan with $750m buyback

Telstra Corp has unveiled details of a $750 million off-market share buyback today as part of its three year, $4.5 billion capital management program. In June, Australia's biggest telecommunications company said it planned to return $1.5 billion to ...

BHP smashes Australian corporate record with $4.9 bln profit

AAP  |  THURSDAY, 19 AUG 2004
... and announced plans to return $US2 billion to shareholders in a capital management strategy which could include a share buyback. The profit result was a corporate record for Australia, topping Telstra\'s $4.12 billion 2003/04 net profit reported last ...

Telstra plans special dividend, share buyback

AAP  |  THURSDAY, 12 AUG 2004
... dividend of six cents per share with the 2004/05 interim dividend and also plans to conduct a second off-market share buyback of around $750 million. The company today reported a net profit for 2003/04 of $4.118 billion, an increase of $689 million over ...

Third time lucky as Lend Lease, GPT agree on merger

AAP  |  MONDAY, 9 AUG 2004
... agreed to effectively return a $3.4 million first half performance fee to GPT, to convert a controversial on-market share buyback to off-market and offer a facility to around 50,000 small GPT unitholders to cash out their interests. \"This is a red letter ...

Lend Lease suspends controversial share buy back

AAP  |  TUESDAY, 3 AUG 2004
Lend Lease Corporation on Monday announced it was suspending its controversial on market share buyback of up to 44 million shares until after the release of its annual results. \"In view of the forthcoming announcement of annual results on 18 August ...

Lend Lease completes $414 million share buyback

AAP  |  TUESDAY, 15 JUN 2004
Real estate group Lend Lease Corp today said it has completed a $414 million on market share buyback designed to trim about 10% of its issued capital. The property developer has bought back 41,958,434 shares between 13 June, 2003 and 12 June, 2004 at ...

Competition leaving little room for bank fee hikes, says Westpac

... discretionary manner." Westpac last week reported a record net profit for the first half of 2004 and announced an off market buyback of about $500 million of ordinary shares. It reported a net profit of $1.225 billion for the six months to 31 March ...

AMP shares rally on strong buyback response, debt paydown

AAP  |  WEDNESDAY, 21 APR 2004
... Shares in AMP climbed 4% yesterday after the recovering financial services company said the completion of a near $1 billion buyback of income securities would help halve its debt. Chief executive Andrew Mohl said 31,000 income securities holders, representing ...

St George shareholders win tax exemption

AAP  |  THURSDAY, 15 APR 2004
St George Bank Ltd shareholders have won exemption from paying tax on a 2001 share buyback, after a court ruling yesterday. St George said it granted "sell back rights" to shareholders in February 2001 in relation to an off-market buyback of its ordinary ...