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$5.83 boral limited.

Ann: 2021 Annual General Meeting, page-20

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Andrewf69

1,617 Posts.

130

29/09/21

21:27

Post #: 56446879
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Originally posted by scottyb83: ↑

in the doc they refer to it as a capital return, which means it is not a dividend or income, as islandmurray said it reduces your effective share purchase cost, so no tax implications until such time as you sell your shares (assuming you didn't buy them for less than $2.7 a share). Ato has some rules around when this is allowed, hence bld need ato signoff to enable this option. From tax perspective this option makes a lot of sense.

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And if you bought for less than 2.70 (which is me)?

BLD Price at posting: $6.01 Sentiment: Buy Disclosure: Held
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0 Great analysis

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