Capital Management and Dividends |
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Mar. 31, 2018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Capital Management and Dividends |
Capital Management and Dividends
The following table summarizes the dividends paid during the fiscal years 2018, 2017 and 2016:
During fiscal year 2017, the Company announced a share buyback program (the “fiscal 2017 program”) to acquire up to US$100.0 million of its issued capital in the twelve months through May 2017. Under this program, the Company repurchased and cancelled 6,090,133 shares of its common stock during the second quarter of fiscal year 2017. The aggregate cost of the shares repurchased and cancelled was A$131.4 million (US$99.8 million), at an average market price of A$21.58 (US$16.40).
Subsequent to 31 March 2018, the Company announced an ordinary dividend of US30.0 cents per security, with a record date of 7 June 2018 and a payment date of 3 August 2018.
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- Definition The entire disclosure for capital management and dividends.Includes, but is not limited to, the dividend US$ total, announcement date, record date and payment date. No definition available.
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- References No definition available.
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