To delever and maximise ability to return dividends to shareholders? I am not sure why HC is so obsessed with buybacks when our cost of debt is ~6% which is the major risk to dividend yield at the moment. Buybacks is not a great use of capital right now - if we can reduce the debt (or interest rate) then the share price will increase naturally
To delever and maximise ability to return dividends to...
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Last
39.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $83.90M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 39.5¢ | $66.73K | 168.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 22204 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 69050 | 2 |
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| Last trade - 15.30pm 28/05/2024 (20 minute delay) ? |
| TOT (ASX) Chart |