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[sharechat] InvestorInfo Returns $6.2 Million in Capital (16c now) to give 12c div


From: <daniel.st@xtra.co.nz>
Date: Tue, 6 Nov 2001 10:04:14 +1200


InvestorInfo Returns $6.2 Million in Capital
By Ben Schneiders, 05 Nov 2001  
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  Financial services information provider InvestorInfo Limited (INV) has 
announced that shareholders have agreed to its decision to return 12 cents a 
share, or $6.2 million, to shareholders following its failure to find suitable 
and profitable acquisitions.

INV also announced a plan for expansion through the development of existing 
information services and the launch of new integrated marketing packages for 
advertising clients. INV recorded earnings before interest and tax (EBIT) of 
$123,625 for the September quarter, a 65% increase on EBIT for the 12 months to 
June 30, 2001.

Shares in INV are trading at 16 cents, down one cent or 5.8%

 




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