Brief: Otto Energy To Return Up To A$40.0 Million To Shareholders In Early 2024
Oct 30 (Reuters) - Otto Energy Ltd OEL.AX :
* TO RETURN UP TO A$40.0 MILLION, OR A$0.008 PER SHARE, TO
SHAREHOLDERS IN EARLY 2024
* REVENUE OF US$6.3 MILLION (WI BASIS) FOR QUARTER DOWN 10%
OVER
PRIOR QUARTER
* IN PROCESS OF SEEKING AUSTRALIAN TAX OFFICE CLASS RULING
THAT
RETURN IS DEEMED A TAX-FREE RETURN OF CAPITAL
Source text for Eikon: ID:nASXb8lhjY
Further company coverage: OEL.AX
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