Brief: Auctus Investment Says It Will Implement An On-Market Share Buy-Back Scheme

Pier 12 Capital

06/06/2022 02:47

June 6 (Reuters) - Auctus Investment Group Ltd  AVC.AX :
    * WILL IMPLEMENT AN ON-MARKET SHARE BUY-BACK SCHEME
    * PROPOSED CAPITAL RETURN OF A$0.05 PER SHARE IN EARLY Q1
FY23
    * SHARE BUY-BACK INITIATIVE WILL SEE AVC SEEK TO ACQUIRE UP
TO 10%
OF LOWEST NUMBER OF VOTING FULLY PAID ORDINARY SHARES
    * SHARE BUY-BACK WILL COMMENCE NO EARLIER THAN 20 JUNE 2022
    * FY22 YEAR TO DATE AUM GROWTH OF 40% TO A$490 MILLION

Source text for Eikon:  ID:nASX1910rN 
Further company coverage:  AVC.AX 

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