News: ANN Ansell announces share buyback

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    May 25 (Reuters) - Ansell Ltd (ANN)

    • Has executed a binding agreement for sale of its sexual wellness business for us$600m
    • also announces a new on market share buy-back program for up to 10% of company's issued capital.
    • net after-tax cash proceeds to Ansell are expected to be approximately us$529m.
    • expects to realize a net profit after tax in order of us$365m, which is expected to be recorded in fy'18
    • sale of sexual wellness business to humanwell healthcare (group) and CITIC Capital China Partners III, L.P.
    • Will buy back up to 10% of issued capital or approximately 14.75m shares over next 12 months
    • Based on wednesday's closing share price of A$24.14, this would imply a buy-back of approximately us$265m
 
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(20min delay)
Last
$33.33
Change
-0.640(1.88%)
Mkt cap ! $4.882B
Open High Low Value Volume
$33.77 $33.79 $33.30 $1.893M 56.50K

Buyers (Bids)

No. Vol. Price($)
14 154 $33.32
 

Sellers (Offers)

Price($) Vol. No.
$33.34 181 15
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Last trade - 13.43pm 11/09/2025 (20 minute delay) ?
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