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Showing 81 - 90 of 190 results for "Buyback"

AZ NGA acquires third CBA practice

ALEX BURKE  |  FRIDAY, 4 MAR 2016
... acquisitions, the agreement includes a 49% share swap of Wealthwise equity for AZ NGA shares with a progressive ten-year buyback. "We are delighted to welcome Wealthwise into the AZ NGA family of quality financial planning firms," said AZ NGA chief executive ...

iSelect nixes Providence takeover bid

ALEX BURKE  |  MONDAY, 14 DEC 2015
... of value maximisation for iSelect shareholders." At the same time, iSelect is implementing an on-market 12-month share buyback of "up to 10%" of the company's shares, which will be funded via iSelect's cash balance. "An on-market share buyback is an ...

Countplus profit hit by end of loyalty payments

MARK SMITH  |  THURSDAY, 27 AUG 2015
Countplus has seen its after-tax profit fall 12.2% as loyalty payments paid by Commonwealth Bank ended. Net financial planning revenue was down 15.9% due to payments to 16 member firm franchisees expiring. Excluding the impact of these payments and ...

High-risk pursuits may undermine super funds' solvency

DARREN SNYDER  |  THURSDAY, 25 JUN 2015

Buy-back boom driven by loose Fed policy

MARK SMITH  |  THURSDAY, 4 JUN 2015
The record $133 billion in buybacks for S&P companies announced in April are an economic distortion resulting from years of accommodative monetary policy and could be costing shareholders long-term performance, according to BlackRock's US-based chief ...

ANZ enters fast growing ETF market

LAURA MILLAN  |  TUESDAY, 26 MAY 2015
ANZ has become the first of Australia's big banks to enter the exchange traded fund (ETF) market with the launch of six funds in partnership with ETF Securities. The joint venture between both organisations has resulted in a new company called ANZ ETFS ...

Bargain hunters push shares higher

AAP  |  THURSDAY, 21 MAY 2015
... 8.8%, to $16.56 after a big rise in annual profit plus the payment of a special dividend and announcement of another share buyback. The major banks were mixed, with Commonwealth Bank up 82 cents at $83.31, ANZ up nine cents at $31.98, Westpac 11 cents ...

Market Wrap AM

AAP  |  TUESDAY, 19 MAY 2015
The Australian market looks set to open higher, following gains on Wall Street. At 0649 AEST on Tuesday, the June share price index futures contract was up 22 points at 5,687. Locally on Tuesday, the Reserve Bank releases minutes of its May board meeting ...

Follow the money

BENJAMIN ONG  |  FRIDAY, 15 MAY 2015
... That's an extra three months for companies to refinance or issue debts at near zero interest rates to pay dividends or buyback their own scripts (so they reduce their dividend payouts) - both of which sends share prices on the up and up. Never you mind ...

Market wrap

AAP  |  WEDNESDAY, 18 MAR 2015
... Smith would step down. Boral's shares were up 6.5 cents at $6.085 after the building products maker announced a share buyback, worth around $236 million. Bank stocks were mixed, with the Commonwealth Bank 20 cents lower at $93.21 and National Australia ...