Daily Roundup

VAS.ASX ATA.ASX

Vanguard Announces Final ETF Distributions

Vanguard Investments Australia has some important news for investors - they've just released the final distribution amounts and timetable for their range of Exchange Traded Funds (ETFs) listed on the Australian Securities Exchange (ASX).

The announcement covers popular funds like the Vanguard Australian Shares Index ETF (VAS), Vanguard Australian Property Securities Index ETF (VAP), and Vanguard Australian Fixed Interest Index ETF (VAF). Investors will want to mark their calendars, as the ex-distribution date, record date, and payment date are all outlined.

Notably, Vanguard's Distribution Reinvestment Plan (DRP) remains available, allowing investors to conveniently reinvest their distributions. Just remember, you'll need to be registered as a unit holder on the record date to be eligible.

The primary market for applications, redemptions, and secondary market trading will stay open during this distribution period, so it's business as usual for Vanguard ETF investors.

Atturra Completes Acquisition of ComActivity

In other news, technology services provider Atturra Limited has finalized its acquisition of Sydney-based ComActivity. This is a big move that strengthens Atturra's position as a market leader for enterprise resource planning (ERP) solutions in the manufacturing industry across Australia and New Zealand.

The $9 million upfront cash deal, with up to an additional $5.5 million in earn-out payments, gives Atturra a major boost in its Infor M3 capabilities. This complements the company's existing expertise in Infor Pathway, providing manufacturing clients with even more options for digital transformation.

The acquisition brings 61 new manufacturing clients to Atturra, opening up cross-sell opportunities for the company's other services and products. It's an exciting development that aligns with Atturra's growth strategy outlined in their recent capital raising presentation.