A clearer explanation on how a straight ROC operates.
Then u can have another with the same sims but also includes consolidation.
A quick research of the web shows that many company’s use this fairer system when they excess funds.
Return of capital (ROC) is a distribution an investor receives, representing a part of the investor’s initial investment and distinct from income or capital gains generated by the investment. It is crucial to recognize that a return of capital reduces an investor’s adjusted cost basis. Once the adjusted cost basis of the stock reaches zero, any subsequent return of capital becomes taxable as a capital gain.
Ann: FY25 Half Year Results & On-Market Share Buy Back, page-86
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$4.17 |
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-0.010(0.24%) |
Mkt cap ! $3.510B | |||
| Open | High | Low | Value | Volume |
| $4.15 | $4.18 | $4.09 | $2.830M | 683.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 21823 | $4.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.17 | 4 | 1 |
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| Last trade - 14.29pm 01/08/2025 (20 minute delay) ? |
| NHC (ASX) Chart |