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Showing 171 - 180 of 190 results for "Buyback"

NAB dumps share buyback following APRA report

AAP  |  WEDNESDAY, 24 MAR 2004
National Australia Bank is to implement new capital adequacy initiatives and terminate a share buyback after the release of a report by the banking regulator today into a forex trading scandal at NAB. The Australia Prudential Regulation Authority (APRA) ...

AMP Income Securities buyback offer opens

AAP  |  WEDNESDAY, 17 MAR 2004
Financial services and insurance group AMP Ltd said today it has reached agreement with the trustee for the group's Income Securities to amend the terms of the securities. The amendment makes interest payments cumulative and compounding from July 1 ...

IAG posts strong increased in half year profits

AAP  |  THURSDAY, 26 FEB 2004
... back of resurgent equity markets and solid acquisitions, and announced plans to undertake a $350 million off-market share buyback. IAG reported a net profit of $302 million for the six months to December 31, 2003 compared with $62 million in the same ...

Unilever switches strategy as FitzGerald goes

Anglo-Dutch giant Unilever switched its focus to boosting shareholder returns on Thursday after failing to meet sales growth targets, lifting its stock, and said Chairman Niall FitzGerald would retire early. Unilever Plc/NV, the food and consumer products ...

CBA launches $450-550 mln share buyback

... result which included a $426 million writedown on its wealth management business. "A $450-$550 million off-market share buyback is planned for March 2004," CBA, Australia's second biggest bank, said. "The size of the buyback will be decided by directors ...

ATO draft ruling casts doubt on buyback structure

AAP  |  THURSDAY, 15 JAN 2004
Capital loss benefits for shareholders involved in share buybacks could be reduced following a draft ruling from the Australian Tax Office. The Australian Financial Review reported the ATO's draft determination, released yesterday, raised concerns that ...

Granite Three Pillars announces no extension to capital raising

... held, with some demand left for secondary market activity," the company said. The directors also noted that there is a buyback provision of up to 15 per cent, which may be utilised. They also confirmed that the timing of the offer would not be changed ...

Telstra completes $1 billion off-market share buyback

AAP  |  MONDAY, 24 NOV 2003
Telstra Corp Ltd today announced the successful completion of its $1 billion off-market share buyback, at the bottom end of the tender range offered by Australia's biggest telco. A total 238,230,580 shares will be bought back at $4.20 a share, representing ...

ANZ announces TrUEPrS preference shares buyback

... part of its ongoing capital management strategy, Australia and New Zealand Banking Group Limited (ANZ) has called for the buyback of the ANZ Preference Shares issued as part of the trust units exchangeable for preference shares (TrUEPrS) Series 1 and ...

AMP debt down by 2005: CEO

AAP  |  MONDAY, 13 OCT 2003
... would find itself too cashed up. And while there was little chance the money would be used to acquire new assets, a share buyback was a possibility. Meanwhile new APRA chairman John Laker today said the demerger decision was one of the most unusual cases ...