Brief: Spheria Emerging Companies Decides To Implement On-Market Share Buy-Back

Spheria Emerging Companies

29/05/2023 02:21

May 29 (Reuters) - Spheria Emerging Companies Ltd
 SEC.AX :
    * DECIDED TO IMPLEMENT ON-MARKET SHARE BUY-BACK
    * UNDER BUY-BACK, CO WILL BUY UP TO 5.4 MILLION SHARES
DURING
12-MONTH PERIOD STARTING 14 JUNE 2023
    * DECIDED TO IMPLEMENT 25% INCREASE IN TARGET QUARTERLY
DIVIDEND
PER SHARE TO 1.25% OF POST- TAX NTA PER QUARTER

Source text for Eikon:  ID:nASXc8SjKg 
Further company coverage:  SEC.AX 

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