March 16 (Reuters) - Tabcorp Holdings Ltd (TAH)
- Federal court approves Austrac settlement
- Federal court has approved that settlement, under which Tabcorp will pay a penalty of $45.0 million (plus Austrac's legal costs on an agreed basis)
- Tabcorp will recognise an expense in respect of penalty amount in its financial statements for year ending 30 june 2017
- This expense will be treated as a significant item
- FY17 dividend target remains greater of 90 pct of NPAT before significant items and amortisation of Victorian wagering and betting licence or 24 cents per share
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- News: TAH Tabcorp to pay A$45.0 mln in penalty as Federal court approves Austrac settlement
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News: TAH Tabcorp to pay A$45.0 mln in penalty as Federal court approves Austrac settlement
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Mkt cap ! $1.646B |
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