Brief: Bank Of Queensland Limited Announces On-Market Share Buy-Back Of Up To A$196 Million
BRIEF-Bank Of Queensland Limited Announces On-Market Share Buy-Back Of Up To A$196 Million Aug 10 (Reuters) - Bank of Queensland Limited BOQ.AX:
ANNOUNCES A$295 MILLION CAPITAL RETURN VIA SPECIAL DIVIDEND AND BUY-BACK
DECLARES 15 AU CENTS PER SHARE SPECIAL DIVIDEND AND BUY-BACK UP TO A$196 MILLION
TO PAY SPECIAL DIVIDEND BEFORE BUY-BACK COMMENCES
REPORTS CET1 RATIO 11.79% AS AT 31 MAY 2026
RECOGNISES A$47 MILLION PRE-TAX IMPAIRMENT CHARGE IN 2H26
DETERMINED THAT FOR SPECIAL DIVIDEND, DIVIDEND REINVESTMENT PLAN WILL BE SUSPENDED AND NOT APPLY
CAPITAL RETURN EXPECTED TO REDUCE CET1 RATIO BY ABOUT 78 BPS
HAS UNDERTAKEN A REVIEW OF ITS TECHNOLOGY AND OTHER ASSETS
Further company coverage: BOQ.AX
((Reuters.Briefs@thomsonreuters.com;))
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