Jan 30 (Reuters) - Australia's Nickel Industries (NIC) said on Tuesday it intends to start an on-market share buyback of up to $100 million and return between 30% and 60% of its free cash flow to shareholders via regular dividends.
The specialty miner also reported a record output from its rotary kiln electric furnace (RKEF) projects in the December quarter at 34,450 tonnes of nickel metal.
News: NIC Nickel Industries announces $100 mln share buyback, posts record quarterly output
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Last
76.8¢ |
Change
0.013(1.66%) |
Mkt cap ! $3.309B | |||
| Open | High | Low | Value | Volume |
| 76.5¢ | 77.0¢ | 75.3¢ | $1.263M | 1.653M |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 44366 | 76.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 330853 | 23 |
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| NIC (ASX) Chart |