April 9 (Reuters) - Australian oil and gas firm Viva Energy Group Ltd (VEA) lowered on Thursday its capital expenditure guidance for 2020 and deferred a share buyback citing restrictions imposed to contain the coronavirus outbreak.
The company said it now expects capital expenditure for the year ended December 31, 2020 to be between A$60 million to A$80 million ($37.24 million to $49.66 million), compared to the prior range of A$140 million to A$160 million.
An on-market share buyback to return proceeds from the company's realised investment in Viva Energy REIT (VVR) will be delayed, the company added in the statement. ($1 = 1.6111 Australian dollars)
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April 9 (Reuters) - Australian oil and gas firm Viva Energy...
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