Ann: Dividend/Distribution - NHC, page-42

Past practices of ASX companies, besides paying out dividends, shareholders also used to receive a capital return distribution .
For the capital return the majority of retail shareholders only needed to adjust their cost base.

The majority of retail shareholders are missing out out due to the company corralling excess monies for the benefit of
the T20.

It’s the board duty to maximise the benefit for the majority of shareholders not cater for holders with large shareholding
trying to minimise paying more tax.

I think there needs be an investigation in the redirect of excess funds into buybacks.