Declares Interim Dividend, Initiates On-market Share Buyback
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Stanmore Resources Ltd has declared an interim dividend and announced an on-market share buyback as part of its capital management strategy. The interim dividend is fully franked and will be payable to shareholders on the register by a specified date. The company intends to buy back a significant portion of its fully paid ordinary shares, demonstrating confidence in its asset value and cash generation. The buyback period is set to commence soon and will last for up to a year, with the actual number of shares purchased depending on market conditions.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Stanmore Resources
- Fourth Supplementary Bidders Statement
- Third Supp Bidders Statement and unconditional final offer
- Notice of Variation - Extension of Offer
- Supplementary Targets Statement
- Release of Targets Statement
Later from Stanmore Resources
- 5th Supplementary Targets Statement
- Expiry of Takeover Offer
- Business Update Roadshow February 2019
- Dec 18 Half year Accounts and Appendix 4D
- Dec 18 Half year results announcement
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