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Abano Provides Details Of Dividend, Buy-Back offer
Abano Provides Details Of Dividend And Share Buy-Back Offer
Abano Healthcare Group Limited has today declared a special early interim dividend of 52 cents per share and provided further details of the off-market, pro rata voluntary share buy-back offer.
Chair of Abano, Alison Paterson, said: “The settlement today of the sale of Abano’s interest in the Bay Audiology business to National Hearing Care has resulted in a capital gain of over $70 million. As previously advised to shareholders, the Board’s intention is to return excess available funds by way of a special early interim dividend and by undertaking an off-market pro rata voluntary share buy-back and cancellation.”
ENDS
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