Notification of buy-back - DOW
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| Stock | Downer Edi Ltd (DOW.ASX) |
|---|---|
| Release Time | 21 Aug 2025, 9:06 a.m. |
| Price Sensitive | Yes |
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Downer Edi Ltd Announces On-Market Buy-Back
Key Points
- Downer Edi Ltd to conduct an on-market buy-back of up to 33,578,684 shares
- Buy-back period to commence on 16 September 2025 and end on 30 June 2026
- Broker Macquarie Securities (Australia) Limited to offer to buy back shares on the company's behalf
Full Summary
Downer Edi Ltd has announced an on-market buy-back of up to 33,578,684 of its ordinary fully paid shares, representing approximately 5% of the company's total issued capital. The buy-back period will commence on 16 September 2025 and end on 30 June 2026. Macquarie Securities (Australia) Limited will offer to buy back the shares on the company's behalf. The buy-back is not subject to shareholder approval. Downer Edi Ltd has a total of 671,573,679 ordinary fully paid shares on issue. The company has not specified a minimum number of shares it intends to buy back, and the price to be paid for the shares will be determined by market conditions at the time of the buy-back.
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