Australia's BlueScope Steel to return $292.5 million to shareholders via special dividend
Jan 14 (Reuters) - Australian steelmaker BlueScope Steel BSL.AX said on Wednesday it would return A$438 million ($292.54 million) to its shareholders through a special dividend of A$1 per share, funded by surplus cash from recent initiatives. ($1 = 1.4972 Australian dollars) (Reporting by Rajasik Mukherjee; Editing by Alan Barona) ((Rajasik.Mukherjee@thomsonreuters.com))
Recent news on BLUESCOPE STEEL
See all newsMorningstar lifts BlueScope forecasts on stronger US steel spreads
Brief: Bluescope Steel Expects 1H Underlying EBIT To Be A$1.1 Billion
Australia's BlueScope Steel hits over two-month high on revised EBIT outlook
Brief: Bluescope Steel Says Kristie Keast To Leave As Chief Executive North America
Jefferies positive on BlueScope, calls it 'key pick' in industrials