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.
This should’ve happened for those who paid $7 for TLS shares!
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 (20min delay)
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Last
$4.99 |
Change
0.030(0.60%) |
Mkt cap ! $56.81B | |||
| Open | High | Low | Value | Volume |
| $4.97 | $4.99 | $4.94 | $123.3M | 24.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3696 | $4.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.99 | 85492 | 5 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| TLS (ASX) Chart |