PPK announces on-market share buyback
Filed with ASX · · 1 page · English
Summary by 6ix AI
PPK Group Limited has announced an on-market share buyback following the completion of the sale of its interest in Craig International Ballistics Pty Ltd. The buyback will involve up to a specified value and is intended to return value to shareholders rather than through a dividend. The buyback is set to commence at the end of August and will be conducted in the ordinary course of trading over the fiscal year. The company plans to retain the majority of the sale proceeds for growth activities.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from PPK
- Notification of buy-back - PPK
- PPK receives $27.2m in cash following divestment of CIB
- SPA for sale of CIB interest now unconditional
- Entry into conditional SPA in respect of CIB
- PowerPlus Energy awarded $2.3m ARENA grant
Later from PPK
- Preliminary Final Report
- Preliminary Final Report and Annual Report
- Corporate Governance Statement and Appendix 4G
- Date of AGM and closing date for director nominations
- Annual Report to shareholders
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