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Showing 31 - 40 of 190 results for "Buyback"

Sustainability will send some broke: Research

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Efforts to become more sustainable will challenge many firms and perhaps even bankrupt some, experts from MFS Investment Management have noted. In a new research note, MFS global investment strategist Robert Almeida and research analyst Robert Wilson ...

VGI Partners global LIC posts 25.6% returns

KANIKA SOOD  |  FRIDAY, 20 AUG 2021
... have run its course. The LIC has bought back 26 million shares or 6.4% of total shares since August. It will extend its buyback.

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... over the coming 12 months and return to pre-COVID levels, with its Tier 1 capital ratio sitting at a healthy 13.1%. "The buyback is a logical way for CBA to take advantage of surplus capital and franking credits and will provide a significant windfall ...

AMP shakes up advice service model

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
... advice practices in Australia. While further advice practice exits are anticipated before the conclusion of the December 31 buyback arrangements, he said, AMP's current expectation is these commitments will be covered by the existing provisions and ...

LIC restructures to ETMF

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
In a very rare move, a listed investment company has restructured to become an exchange traded managed fund - listing on the ASX today. The Monash Absolute Investment Company (MA1) has been restructured to become the Monash Absolute Active Trust (MAAT ...

Macquarie Securities slapped with $126k fine

KARREN VERGARA  |  TUESDAY, 18 MAY 2021
... Markets Disciplinary Panel (MDP) found that MSA failed to follow a client's instruction with respect to an on-market buyback on the "dark market". In February 2019, the unnamed ASX-listed company tapped MSA to act on its behalf as its broker for ...

Pahari to leave AMP amid demerger

JAMIE WILLIAMSON  |  FRIDAY, 23 APR 2021
... existing holdings in AMP Limited, the company said, after taking into account any shares to be retained by AMP. The share buyback of up to $200 million will restart now that the portfolio review has completed, AMP said. The demerger is subject to various ...

HUB24 finds new role for Paragem lead

ELIZA BAVIN  |  MONDAY, 21 DEC 2020
... approximately $14.05 million worth of Easton shares by HUB24, with Easton then undertaking an equal access, off-market buyback. This would have resulted in HUB24 taking a 40% ownership of Easton dependent on shareholder acceptance. Under the revised ...

Franking credits more important than ever

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
Many retirees are missing out on additional income because their Australian equity portfolios do not take advantage of the taxation system, according to Plato Investment Management. Plato portfolio manager Peter Gardner said, with interest rates at ...

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... Easton for $14 million cash and the divestment of Paragem to Easton for $4 million of new Easton shares. Following a share buyback, HUB24 will own 40% of Easton. Easton said it has been conducting a strategic review for the last 12 months to identify ...