Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 181 - 190 of 196 results for "Buyback"

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 ...

Afternoon Market Wrap: Quiet end to ASX week

... cent, adding 16 cents to $4.99 after investors warmed to details given today on its $800 million to $1.0 billion share buyback. ABN Amro equities director Leigh Gardner said investors were pleased that the nation's biggest telco offering full franking ...

Telstra announces off market share buy back

AAP  |  FRIDAY, 3 OCT 2003
... and $1 billion of its own shares in an off market tender process. Telstra, which had flagged the possibility of a share buyback when it announced its full year results recently, said all eligible shareholders will be able to tender any number of their ...

NAB intends to buy back 25 million shares

AAP  |  WEDNESDAY, 1 OCT 2003
... intended to buy back up about 25.5 million ordinary shares. The bank said its current intention is to continue to seek to buyback a number of ordinary shares approximating the number of ordinary shares issued under its dividend package plans and staff ...

Fosters announces broader capital management

AAP  |  WEDNESDAY, 1 OCT 2003
... (ALH) and Leisure pubs and gaming business. Earlier today Foster's announced its intention to commence an on-market share buyback of up to 40 million shares from October 15, 2003. The share buyback follows notification that $US357 million in exchangeable ...