"At end December 2018, Viva reported just AUD 46.4 million in its franking account, not materially useful for tax-effective capital initiatives. So off-market buybacks or franked specials are off the table."
- ReleaseDate:24/02/2008:31
- Summary:VivaEnergyFY2019Resultsandintendedoff-marketbuyback
- PriceSensitive:Yes
- ViewDocument
That was Morningstar's (wrong) take pre announcement. The franking balance as at end 2019 was $44.8 million, to be further reduced by 2.6c dividend payable April 2020. It will be interesting to see just what is on offer in the off market buy back.
"At end December 2018, Viva reported just AUD 46.4 million in...
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Last
$3.17 |
Change
0.080(2.59%) |
Mkt cap ! $5.055B | |||
| Open | High | Low | Value | Volume |
| $3.14 | $3.17 | $3.12 | $11.66M | 3.700M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 86539 | $3.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 61249 | 5 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| VEA (ASX) Chart |