KAR 4.67% $1.53 karoon energy ltd

The dividend was only US$23.5M - it made sense to clear the...

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  1. 859 Posts.
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    The dividend was only US$23.5M - it made sense to clear the franking balance. They've got over US$200M sitting in the bank, so they can easily expand the buyback when it is so obviously accretive to shareholders.
 
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