Feb 19 (Reuters) - Reliance Worldwide Corporation Ltd (RWC) :
- TOTAL INTERIM DISTRIBUTION OF US4.5 CENTS PER SHARE DECLARED
- EXPECTED THAT FUTURE DIVIDENDS WILL GENERALLY BE EITHER UNFRANKED OR ONLY PARTLY FRANKED
- INTENTION IS TOTAL DISTRIBUTION AMOUNT FOR A PERIOD WILL BE ALLOCATED ABOUT 50% TO CASH DIVIDEND, 50% TO ON-MARKET SHARE BUY-BACKS
- TOTAL INTERIM DISTRIBUTION AMOUNT COMPRISES UNFRANKED INTERIM CASH DIVIDEND OF US2.25 CENTS PER SHARE
- TOTAL INTERIM DISTRIBUTION AMOUNT COMPRISES UNDERTAKING OF ON-MARKET SHARE BUY-BACK FOR US$17.8 MILLION
- AT A CONSOLIDATED LEVEL, EXPECTS REVENUES WILL BE DOWN BY LOW SINGLE DIGIT PERCENTAGE POINTS IN FY24
- CONTINUE TO TARGET STABLE OPERATING MARGINS FOR FULL YEAR
- REMAIN CAUTIOUS ABOUT ECONOMIC OUTLOOK FOR THE BALANCE OF FY24
- CAPITAL EXPENDITURE IS EXPECTED TO BE IN RANGE OF $50 MILLION TO $55 MILLION
- COST SAVING MEASURES TO DELIVER $20 MILLION IN SAVINGS FOR FULL YEAR
- SEES FY24 DEPRECIATION AND AMORTISATION EXPENSE TO BE RANGE OF $50 MILLION TO $55 MILLION
- FY24 NET INTEREST EXPENSE IS EXPECTED TO BE IN THE RANGE OF $26 MILLION TO $29 MILLION
Feb 19 (Reuters) - Reliance Worldwide Corporation Ltd (RWC) :...
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