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Showing 31 - 40 of 176 results for "Buyback"

Contango dumps investment strategy, opens raise

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... possible extent and if unable to pay a dividend, undertakes to return an appropriate amount of capital via an on-market buyback. Despite this, the underperforming LIC has not been able to generate sufficient distributable profits to sustain dividends. ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... IRESS made an offer to acquire OneVue, whose shareholders have been waiting on the company's previously-announced buyback and recovery of money owed to it by Sargon entities. IRESS is offering to buy all of OneVue for 40 cents per share in cash ...

Global dividends to fall 15%: Janus Henderson

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
Dividends in the first quarter were almost entirely unaffected by the COVID-19 pandemic but for the rest of the year the impact will be significant, according to the latest Global Dividend Index from Janus Henderson. The company said Q1 represented ...

Janus Henderson hit by COVID-19

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... shareholders." The company declared a dividend of US$0.36 per share and added that as part of the US$200 million on-market buyback programme, it purchased around 2.1 million ordinary shares for a total of US$31.2 million.

Lloyds profits down 95%

ELIZABETH MCARTHUR  |  FRIDAY, 1 MAY 2020
UK bank Lloyds reported a profit plunge of 95% compared to the first quarter of 2019 in its latest results. The significant dive in statutory profit was impacted by an impairment charge which occurred due to changes in Lloyds Banking Group's reporting ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
... "Consumers will retrench and repair their balance sheets. Firms will hoard capital, dividends hikes will be scarce, and stock buyback activity will be far below recent years. Massive deficits will squeeze fiscal finances when the bailout bill comes d ...

Time to step up or face the music

ALLY SELBY  |  THURSDAY, 2 APR 2020
While there may be uncertainty surrounding the economic implications of the spreading COVID-19 pandemic, one thing is clear; if business leaders are not consistent, empathetic and clear with their response, they should prepare to face the music. Although ...

AMP urged to mediate with advisers

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
... to providing that clarity. "We've called on AMP to waive debts for those financial planners facing AMP-imposed reduced buyback values," she said. "AMP has also been asked to extend its termination deadline, so that a resolution may be reached." Small ...

IFM to spend $25bn on Aussie infrastructure

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
IFM Investors will spend $25 billion on Australian infrastructure over the next decade, in what it says is expected to create 50,000 new jobs. The industry-fund-owned fund manager will invest in existing assets including electricity distributor Ausgrid ...

Buyback ensures Aussie ownership

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 SEP 2019
Following a buyback of eight million shares, Moelis Australia will cease to be regarded as a foreign corporation. Moelis Australia bought back the shares from Moelis & Company (M&C) via a selective buyback at $3.40 a share. The move sees M&C's interest ...