May 25 (Reuters) - Ansell Ltd (ANN)
- Has executed a binding agreement for sale of its sexual wellness business for us$600m
- also announces a new on market share buy-back program for up to 10% of company's issued capital.
- net after-tax cash proceeds to Ansell are expected to be approximately us$529m.
- expects to realize a net profit after tax in order of us$365m, which is expected to be recorded in fy'18
- sale of sexual wellness business to humanwell healthcare (group) and CITIC Capital China Partners III, L.P.
- Will buy back up to 10% of issued capital or approximately 14.75m shares over next 12 months
- Based on wednesday's closing share price of A$24.14, this would imply a buy-back of approximately us$265m
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Last
$33.43 |
Change
-0.540(1.59%) |
Mkt cap ! $4.878B | |||
| Open | High | Low | Value | Volume |
| $33.77 | $33.79 | $33.22 | $12.07M | 362.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 311 | $33.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.44 | 237 | 4 |
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| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| ANN (ASX) Chart |