Forum Archive Index - April 2001

[Derek <dkw@paradise.net.nz>]

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)




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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.


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