FMG 1.20% $21.41 fortescue ltd

FMG Dividend, page-124

  1. 1,034 Posts.
    lightbulb Created with Sketch. 169
    A capital return would only be considered a reorganization if it were altering the capital structure of the company in a substantial or permanent way.

    say for example a winding up situation.

    if the capital structure of the company is not really changing, and the buyback is just funded by earnings it’s not a reorganization, this buy back doesn’t change the capital structure of the company, therefore it is definately not a reorganization.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.41
Change
-0.260(1.20%)
Mkt cap ! $65.92B
Open High Low Value Volume
$21.52 $21.67 $21.30 $150.5M 7.000M

Buyers (Bids)

No. Vol. Price($)
1 93 $21.40
 

Sellers (Offers)

Price($) Vol. No.
$21.41 12657 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.