TFC 7.42% $1.31 tfs corporation limited

Ann: First Buy-back Offers Made to Acquire MIS Assets-TFC.AX, page-11

  1. zwu
    2,452 Posts.
    lightbulb Created with Sketch. 9
    I don't know what's the ultimate purpose of this buy-back.

    Why should we spend a hell lot of $14.3 m to buy-back 2000 schemes instead of paying a dividend?
 
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