MSV 2.70% 36.0¢ mitchell services limited

Ann: Capital management update, page-9

  1. 6,184 Posts.
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    If we do buy backs when the franking credits start to flow, then the franking credits are lost and the company pays more tax to the government. The time to do buybacks is now. Buybacks need to stop once the franking credits flow, and that's when the divvies can flow instead.
    Last edited by hagetaka: 28/05/24
 
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