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Showing 1 - 10 of 87 results for "Share 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 ...

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.

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 ...

AMP flags first strike on remuneration

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... million on-market buyback was recently finalised. "[We] have determined that returning capital through an on-market share buyback is the most tax effective method for shareholders. However, on-market share buybacks, by their nature, take time. Because ...

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 ...

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... above its target capital level. It has already started returning capital to shareholders, commencing a $350 million share buyback this morning and committing to returning a further $750 million this financial year via capital return, special dividend ...

Douglass exits Magellan board

KARREN VERGARA  |  MONDAY, 21 MAR 2022
Magellan Financial Group's Hamish Douglass tendered his resignation as a director from the board effective March 19. The board said his resignation is "due solely to his medical leave of absence", which was announced to the ASX on February 7. The ...

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 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 ...
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