Buy-Back and Dividend Policy
Filed with ASX · · 5 pages · English
As part of its commitment to the efficient management of its capital positon, AGL Energy Limited (AGL) today announced a change to its dividend policy and an on-market share buy-back. Starting with the FY17 interim dividend, AGL will target a payout ratio of approximately 75 percent of Underlying Profit and a minimum franking level of 80 percent. In addition, AGL intends to carry out an on-market
Earlier from AGL Energy
- AGL update on Portland hedging contract
- AGL FY16 Results & Investor Presentation
- AGL FY16 Financial Reports
- QIC and Future Fund join AGL in flagship renewables fund
- AGL update on FY17 gas portfolio margins
Later from AGL Energy
- FY17 Earnings Guidance
- PARF achieves first major milestone
- AGL receives notice of proposed industrial action from CFMEU
- AGL receives notice of proposed industrial action from ETU
- Loy Yang Enterprise Agreement Terminated
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