Sharechat Logo

Forum Archive Index - April 2001

Please note usage of the Forum is subject to the Terms & Conditions.

 
Messages by Date [ Next by Date Previous by Date ]
Messages by Thread [ Next by Thread Previous by Thread ]
Post to the Forum [ New message Reply to this message ]
Printable version
 

[sharechat] Brazin, time to buy?


From: Derek <dkw@paradise.net.nz>
Date: Sat, 21 Apr 2001 09:40:36 +1200


A long time back a couple of chatters (can't remember who) mentioned Brazin
(on the ASX) and I've been looking at its meanderings ever since (mostly
down).

Now they've announced a 10c special dividend and a share-buyback its got to
be worth considering.

I'd be interested to hear from those chatters again on their current
opinion of Brazin.

Cheers,

Derek

(don't hold Brazin)




-----------
Brazin's Special Dividend and Buy Back

17-Apr: Retailer Brazin Ltd (BRZ) announced this afternoon that it will pay
a special dividend of ten cents per share, fully franked, to shareholders
registered on the 8th of June. Payment day will be the 22nd of June. 

Investors can choose to take the dividend in cash or as entitlements under
the company's dividend reinvestment scheme. 

The company also intends to launch an on-market share buy back for up to
five per cent of its issued capital, representing up to 5.5 million shares. 

The buy back will be launched on the 2nd of May and last until the 1st of
November.


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
http://www.netbroker.co.nz/        Trade on Credit, Low Brokerage. Join now.
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.

 
Messages by Date [ Next by Date: Re: [sharechat] PUR Derek
Previous by Date: [sharechat] TMN & Brokers ratings Derek ]
Messages by Thread [ Next by Thread: [sharechat] TMN & Brokers ratings Derek
Previous by Thread: Re: Re: [sharechat] TMN Derek ]
Post to the Forum [ New message Reply to this message ]