| Capital Management The following table summarizes the dividends declared or paid during the fiscal years 2023, 2022 and 2021:
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| (Millions of US dollars) |
US
Cents/Security |
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US$ Millions
Total Amount Paid |
|
Announcement Date |
|
Record Date |
|
Payment Date |
| FY 2022 second half dividend |
0.30 |
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129.6 |
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17 May 2022 |
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27 May 2022 |
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29 July 2022 |
| FY 2022 first half dividend |
0.40 |
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174.1 |
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9 November 2021 |
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19 November 2021 |
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17 December 2021 |
| FY 2021 special dividend |
0.70 |
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309.9 |
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10 February 2021 |
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19 February 2021 |
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30 April 2021 |
On 8 November 2022, the Company announced a share buyback program to acquire up to US$200 million of its outstanding shares through October 2023. Below is the activity under this program:
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| In Millions, except price per share |
Total Number
of Shares
Purchased |
Average Price
Paid per
Share
(US$) |
Total Number of
Shares Purchased
as Part of
Publicly
Announced
Program |
Maximum Dollar
Value of Shares
That May Yet be
Purchased Under
the Program
(US$) |
| 1 December 2022 - 31 December 2022 |
1.6 |
$19.34 |
1.6 |
$168.8 |
| 1 January 2023 - 31 January 2023 |
— |
$— |
— |
$168.8 |
| 1 February 2023 - 28 February 2023 |
1.1 |
$21.72 |
1.1 |
$144.3 |
| 1 March 2023 - 31 March 2023 |
1.1 |
$20.78 |
1.1 |
$121.6 |
Total as of 31 March 2023 |
3.8 |
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3.8 |
$121.6 |
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