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BOQ — Bank of Queensland News Story

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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

- 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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