Yes, but that's not a return of capital per se.
If all shareholders were rational investors and took up DRP stock, (and almost all do) it becomes akin to a zero sum game, i.e, no capital returned, and pro rated, no real increase in the ownership of future profit pools, either.
It's essentially an expunging of franking credits.
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ARB
arb corporation limited.
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Ann: Half Yearly Report and Accounts, page-9
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Last
$34.48 |
Change
0.140(0.41%) |
Mkt cap ! $2.867B |
Open | High | Low | Value | Volume |
$34.61 | $34.76 | $34.28 | $5.648M | 163.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 259 | $34.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.60 | 300 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 34.000 |
1 | 29 | 33.820 |
1 | 500 | 33.500 |
1 | 140 | 33.470 |
1 | 16 | 33.170 |
Price($) | Vol. | No. |
---|---|---|
34.860 | 99 | 1 |
34.940 | 280 | 1 |
34.950 | 190 | 1 |
34.970 | 285 | 1 |
35.000 | 62 | 1 |
Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
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VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
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