Hi All,
Looking for explantation of capital return.
AGL is the stock in question.
They have announced a special div of 30cps (been and gone) a 150 mill on market buy back and a capital return of 50cps.
My understanding is that a capital return is effectively the same as a special dividend except that it is treated differently for tax purposes.
Any input would be apreciated and not considered as advice.
Thankyou.
Looking for explantation of capital return.
AGL is the stock in question.
They have announced a special div of 30cps (been and gone) a 150 mill on market buy back and a capital return of 50cps.
My understanding is that a capital return is effectively the same as a special dividend except that it is treated differently for tax purposes.
Any input would be apreciated and not considered as advice.
Thankyou.