Brief: Otto Energy Announces Return Of Capital To Shareholders Up To A$40 Mln In Early 2024
27/10/2023 02:25
Oct 27 (Reuters) - Otto Energy Ltd OEL.AX :
* RETURN OF CAPITAL TO SHAREHOLDERS UP TO A$40 MILLION IN
EARLY
2024
* INTENDED CO WILL USE EXISTING CASH RESERVES ON OTTO'S
BALANCE
SHEET FOR PURPOSES OF CAPITAL RETURN
* ONGOING REVIEW PROCESS ALSO INCLUDES AN ASSESSMENT OF A
POTENTIAL PARTIAL OR FULL SALE OF COMPANY AND/OR ITS ASSETS
Source text for Eikon: ID:nASX9fDHj0
Further company coverage: OEL.AX
((Reuters.Briefs@thomsonreuters.com;))
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