The
Probiotec Limited
(ASX: PBP)
share price has pushed 9% higher to $1.43 after the manufacturer, marketer, and distributor of pharmaceutical products announced a special dividend and share buyback. According to the release, the company intends to commence an on-market buyback for up to 10% of the shares on issue in the middle of this month. In respect to its dividend, Probiotec has declared a fully franked special dividend of 5 cents per share. Its shares will go ex-dividend on November 8, with the dividend being paid a week later on November 15.
https://www.fool.com.au/2018/11/01/these-small-cap-asx-shares-are-pushing-higher-on-thursday/
