AUI 0.09% $11.01 australian united investment company limited

Ann: Notification of buy-back - AUI, page-2

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  1. 50 Posts.
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    'to buy back up to 12,000,000 ordinary shares during the period 1 June 2023 to 31 May 2024'.

    This has the potential to be a significant buy back. The stated quantity of shares is approximately 20% of the company's free float, and the buyback is targeted to be completed within a short duration (~6 weeks)...

    Let's see what the final buyback quantity ends up being, but in the meantime lets hold our hats and get ready for the sharp upwards SP re-rate to a more reasonable value compared to its NTA! Great news for long term patient holders.
    Last edited by auzinvest: 18/03/24
 
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