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Showing 171 - 180 of 196 results for "Buyback"

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 ...

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 ...