MMS 0.66% $15.20 mcmillan shakespeare limited

News: MMS Mcmillan Shakespeare Announces $80.0 Mln Off-Market Buy-Back

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    Aug 21 (Reuters) - Mcmillan Shakespeare Ltd (MMS) :

    • ANNOUNCES $80.0 MILLION OFF-MARKET BUY-BACK
    • DECLARED A FULLY FRANKED FINAL DIVIDEND OF 40 CENTS PER SHARE
    • BUY-BACK WILL BE FUNDED FROM EXISTING CASH RESERVES
    • INVESTMENT IN GROUP'S BEYOND 2020 PROGRAM ON TRACK, COMPRISING $3.1 MILLION IN OPERATING EXPENSES AND $6.0 MILLION IN CAPEX FOR FY19
    • FY UNDERLYING NET PROFIT AFTER TAX AND ACQUISITION AMORTISATION $88.7 MILLION, DOWN 5.1% ON FY18
    • FY GROUP REVENUE OF $549.7 MILLION, UP 0.8%

    Source text : http://bit.ly/2Zjml2m

    (([email protected];))

 
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