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Below are some items included as part of the share buy back...

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    Below are some items included as part of the share buy back which was voted on by the board and shareholders.

    1) Shares purchased under the scheme are to be cancelled upon settlement of the trade. Therefore they can not be retained in treasury or used for any other purpose.
    https://hotcopper.com.au/data/attachments/4595/4595059-e5cac15e0e8e8b62827d3c4cbdbc04cb.jpg

    2) The purpose the Buy_Back was to get the share price in line with what the board considers to be the correct value.
    https://hotcopper.com.au/data/attachments/4595/4595125-0aea4f4d620a417526630cc94153a32e.jpg
    3) On the 23rd of May the company had 1,230,764,902 shares on issue, shares bought via the share buy-back will reduce the total shares on issue.
    https://hotcopper.com.au/data/attachments/4595/4595130-98457ed1932cf665cfd3ca1f2c61619e.jpg

    The Notice Of General Meeting And Explanatory Memorandum
    3.3 Material information relating to Buy-Back Program






 
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