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Showing 1 - 10 of 176 results for "Buyback"

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... spent $181 billion less on share buybacks in 2023 compared to 2022, according to Janus Henderson's latest annual share buyback study. The $1.11 trillion total was $181 billion lower than in 2022, a significant decline of 14% year-on-year and large enough ...

Charter Hall acquires stake in hotel REIT

KARREN VERGARA  |  TUESDAY, 2 APR 2024
Charter Hall Group is paying $96.9 million for a stake in a REIT that invests in hotels, pubs, and motels across Australia. The joint venture between Charter Hall and its Charter Hall Retail REIT (CQR) bought the 14.8% stake in Hotel Property Investments ...

Global dividends reached record high in 2023

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
The latest Global Dividend Index by Janus Henderson Investors revealed global dividends experienced an uptick of 5% on an underlying basis, reaching a record of US$1.66 trillion in 2023. The report revealed the year closed on a particularly positive ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... contraventions. The quantum of the claim is unspecified. Westpac announced it will undertake a $1.5 billion on-market share buyback. Westpac shares traded at $22.25 at the time of writing, about 4% lower than one year ago.

Forager to delist Aussie LIT

KARREN VERGARA  |  MONDAY, 16 OCT 2023
Forager Funds Management is set to delist its Australian-listed investment trust as it continues to trade at a 15% discount to its net asset value. The Forager Australian Shares Fund (FOR) has struggled to close the 15% valuation gap over the last four ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... "As part of our capital management program, we have returned $610 million in capital to shareholders through the share buyback and dividends in the past 12 months, and we have a remaining $140 million to be returned by the end of October 2023, through ...

Challenger real estate arm price tag drops

KARREN VERGARA  |  MONDAY, 29 MAY 2023
... that Challenger will have the largest ownership. Elanor said the transaction has a clawback mechanism in which it can buyback or reduce a portion of the consideration securities if and when certain agreed milestones are not met over a three-year period ...

Ord Minnett cops $888k fine over buyback

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2023
... Minnett an $888,000 infringement notice over two contraventions of market integrity rules which occurred when conducting a buyback. According to ASIC, on 1 September 2021 the firm was instructed to commence a buyback on behalf of AWN Holdings, since ...

AMP flags first strike on remuneration

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... back $400 million on-market and a further $350 million either via on-market or off-market. Some $350 million on-market buyback was recently finalised. "[We] have determined that returning capital through an on-market share buyback is the most tax effective ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...
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