d) Special dividend Exco has determined that, subject to shareholder approval of the capital reduction, a special dividend of approximately $99.7 million (28 cents per fully paid ordinary share) will be paid to Shareholders. The record date for determining entitlements to receive the special dividend will be the same as the capital return, being 2 December 2011. The Directors will only declare the special dividend as described above if the Company receives Shareholder approval for the capital reduction at the Annual General Meeting.
EXS Price at posting:
71.0¢ Sentiment: ST Buy Disclosure: Held
