From todays release
Capital management The Sigma Board confirmed its intention to continue to pay a high proportion of profits as franked dividends. The capacity to do this will also be enhanced by the return of the funds currently supporting MC/CW’s trading terms. Effective capital management remains a focus of the Board, including supporting the existing share buyback program subject to our commitments in maintaining our ongoing investment program.
Okay maybe the entire $300m will not flow through but I am guessing a sizeable portion will. I do not recall the exact comments made by the CEO on the teleconference, hopefully there will be a transcript release?
From todays release Capital management The Sigma Board confirmed...
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Last
$2.89 |
Change
0.110(3.96%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.92 | $2.76 | $22.11M | 7.733M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 509791 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 226186 | 6 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SIG (ASX) Chart |
