If think ur pie is muddled!
The declared dividend will not change the TSR drastically but a BB basically floats the share prices….it could go up or down and therefore the TSR will change. The scope of change in the share price is greater for a BB than a dividend.
Lets put it this way, that is the gist that I got from trying to educate myself…others are welcome to reeducate me with a convincing argument.
Ann: Appendix 4D and Half Year Financial Report, page-243
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