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Showing 41 - 50 of 190 results for "Buyback"

Bumpy quarter for AMP

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... quarter, is progressing in parallel and being managed without delay to our transformation," he said. An on-market share buyback remains on hold during the portfolio review.

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... expense ratio from 1.28% to 1.02%, a shift in the board's approach to dividends, the continuation of an on-market share buyback program, and a renewal of the investment management agreement with Franklin Templeton Investments Australia - which resulted ...

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... it's ideal," Macdonald said. He added that AMP has told The Advisers Association that it has a new agreement called the Buyback and Cooperation Agreement, which Macdonald described as more restrictive. "The problem with a lot of these agreements ...

Evans & Partners explore open-ended funds

ELIZA BAVIN  |  TUESDAY, 25 AUG 2020
Evans and Partners have announced a potential change to open-ended funds for its Global Disruption Fund and its Global Flagship Fund. Walsh & Company Investments, as responsible entity for both funds, said it is exploring changing both funds from a ...

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 ...