VOR 0.00% 39.5¢ vortiv limited

So why isnt the cash from the sale just paid out as 1 time fully...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 724 Posts.
    lightbulb Created with Sketch. 70
    So why isnt the cash from the sale just paid out as 1 time fully franked dividend?

    Why is it a share buy back?
 
watchlist Created with Sketch. Add VOR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.