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Showing 71 - 80 of 97 results for "Share buyback"

Investors want cash from companies

NICK OLIVER  |  FRIDAY, 19 JAN 2007
Investors want companies to start giving them more cash back, according to a Merrill Lynch survey of fund managers. According to the results from the Merrill Lynch Global and Regional Fund Manager Survey 53 per cent of investors would prefer companies ...

Failure to focus on after-tax letting down members

HAMISH MADDEN  |  MONDAY, 20 NOV 2006
Super funds are failing in their obligation to provide the best possible after-tax outcomes to their members, according to Richard Friend, head of portfolio management at Warakirri. Friend was unequivocal in his criticism, saying that measuring the ...

Market wrap

AAP  |  THURSDAY, 22 JUN 2006
... by mining stocks and big gains on Wall Street, but bank HBOS pulled the market back after it did not increase its share buyback programme in a trading update. The FTSE 100 closed at 5665, up 6.8 points. FRANKFURT - The DAX index ended at 5503.41, up ...

Rivkin Financial Services begins shareholder push to sell broking business

... hold 12.5 and 9 per cent respectively. The Alan Davis Group is also involved in litigation seeking to cancel its share buyback, which is tabled for the meeting as resolution 6. As such RFS board chair Farooq Khan has written to shareholders stating this ...

$750 million off market share buyback for Telstra

AAP  |  MONDAY, 15 NOV 2004
Telstra Corp Ltd today said it had completed a $750 million off market share buyback. A total of 185,284,269 shares were bought back at $4.05 per share, representing three per cent of Telstra's non-government owned issued capital. The final buyback ...

AMP to return capital to shareholders within 10 months

AAP  |  TUESDAY, 5 OCT 2004
... AMP has not given any indication of what form a capital return would take but analysts have tipped an on-market share buyback or more dividends. "AMP group has excess capital, and in addition to operational performance, capital management will enhance ...

Seven says foreign ownership level above allowed level

AAP  |  THURSDAY, 30 SEP 2004
... commercial television network. Seven's foreign ownership levels crept above the strict Australian cut-off limit after a share buyback last December, prompting the Australian Broadcasting Authority to issue breach notices in March 2004. The formal notices ...

Telstra starts capital management plan with $750m buyback

Telstra Corp has unveiled details of a $750 million off-market share buyback today as part of its three year, $4.5 billion capital management program. In June, Australia's biggest telecommunications company said it planned to return $1.5 billion to ...

BHP smashes Australian corporate record with $4.9 bln profit

AAP  |  THURSDAY, 19 AUG 2004
... and announced plans to return $US2 billion to shareholders in a capital management strategy which could include a share buyback. The profit result was a corporate record for Australia, topping Telstra\'s $4.12 billion 2003/04 net profit reported last ...

Telstra plans special dividend, share buyback

AAP  |  THURSDAY, 12 AUG 2004
... dividend of six cents per share with the 2004/05 interim dividend and also plans to conduct a second off-market share buyback of around $750 million. The company today reported a net profit for 2003/04 of $4.118 billion, an increase of $689 million over ...