1H24 dividend US$25m or A$0.045 / share
1st buyback US$25m
2nd buyback US$25m
Total Capital returns on 2H24 = US$75m or A$119m
Total shares to be reduced to 750m after 2nd 2024 Buyback,
Expect a similar return of capital in 2025.
Dividends in 2025 US$50m = A$79m = A$0.105/share (@750m shares) or A$0.121/ share at 650m shares.
Buybacks in 2025 @US$25m/quarter = US$100m or A$158m @1.5/sh =105m shares
Share capital to be reduced to say 650m shares by end 2025.
Annualised return of capital @say A$1.5/sh = 25% on 650m shares by end 2025.
It's a long game but capital management pays off.
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Last
$1.61 |
Change
-0.025(1.53%) |
Mkt cap ! $1.178B | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.63 | $1.60 | $7.714M | 4.790M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 23431 | 2 |
View Market Depth
| Last trade - 16.10pm 10/09/2025 (20 minute delay) ? |
| KAR (ASX) Chart |