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Fletcher Building Announces On-market Share Buyback, Updates FY21 EBIT Guidance To $650m To $665m


Wednesday, 26 May 2021, 9:19 am
Fletcher Building Limited (‘Fletcher Building’ or the
‘Company’) announces that it will undertake a capital
return to shareholders of up to NZ$300 million through an
on-market share buyback. The buyback will commence in June
2021.
Fletcher Building CEO Ross Taylor said:
“Fletcher Building’s balance sheet is in a strong
position, with leverage expected to remain below our target
range in the medium term. This position provides us with
capacity to recommence capital management and distribute up
to NZ$300 million to shareholders, with the most effective
method being an on-market share buyback.”
The
announcement coincides with Fletcher Building’s virtual ....

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Investegate |RSA Insurance Group Announcements | RSA Insurance Group: Statement re £350m Senior 1.625 per cent. Notes


A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

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Investegate |RSA Insurance Group Announcements | RSA Insurance Group: Statement re Satisfaction of Conditions


 
Part 26 of the Companies Act 2006
 
 
On 18 November 2020, the boards of directors of RSA Insurance Group plc ( RSA ), Regent Bidco Limited ( Bidco ) (a wholly-owned subsidiary of Intact Financial Corporation ( Intact )) and Tryg A/S ( Tryg ) announced that they had agreed the terms of a recommended cash offer pursuant to which Bidco will acquire the entire issued and to be issued share capital of RSA (the Acquisition ), to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the Scheme ). The circular in relation to the Scheme (the Scheme Document ) was published and posted to RSA Shareholders on 16 December 2020. ....

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