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0.00% $37.84 arb corporation limited.

Ann: Half Yearly Report and Accounts, page-9

  1. madamswer
    16,521 Posts.
    lightbulb Created with Sketch. 8071
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    17/02/16
    14:43
    Post #: 17043402
    Yes, but that's not a return of capital per se.

    If all shareholders were rational investors and took up DRP stock, (and almost all do) it becomes akin to a zero sum game, i.e, no capital returned, and pro rated, no real increase in the ownership of future profit pools, either.

    It's essentially an expunging of franking credits.
    ARB Price at posting: $15.30 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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