That's what I suspect. If they perform a pro-rata share buyback of 10% of capital at $70m, that equates to $3.63 per share (roughly).
I imagine that would be a realised gain and taxed accordingly.
Whatever the case, still a good outcome. Complaints about paying tax are not really my style...
Ann: FY2022 Full Year Results, page-19
Add SKT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.35 |
Change
0.085(3.76%) |
Mkt cap ! $322.8M | |||
| Open | High | Low | Value | Volume |
| $2.26 | $2.36 | $2.26 | $2.915K | 1.241K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2700 | $2.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.39 | 2900 | 1 |
View Market Depth
| Last trade - 15.47pm 29/07/2024 (20 minute delay) ? |
| SKT (ASX) Chart |