Return of Capital - FAR
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| Stock | FAR Ltd (FAR.ASX) |
|---|---|
| Release Time | 28 Apr 2025, 8:32 a.m. |
| Price Sensitive | Yes |
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FAR Ltd Announces Cash Return of Capital
Key Points
- AUD 0.08 per share cash return of capital
- Shareholder approval received on 30/5/2025
- Payment date set for 12/6/2025
Full Summary
FAR Ltd has announced a cash return of capital of AUD 0.08 per ordinary fully paid share. The return of capital was approved by shareholders on 30/5/2025 and is scheduled for payment on 12/6/2025. Trading in FAR's securities on an 'ex return of capital' basis will commence on 4/6/2025, with the record date set for 5/6/2025. FAR has confirmed that the return of capital will not affect the exercise price of any entity-issued options. The company is in the process of applying for an ATO Class Ruling to confirm that no part of the capital return will constitute or be treated as a dividend for Australian income tax purposes. The funds for the return of capital are being sourced from FAR's cash at bank.
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