PPRuNe Forums - View Single Post - So you need a new fleet Leigh?
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Old 21st Feb 2018, 21:59
  #109 (permalink)  
Rated De
 
Join Date: Sep 2017
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So Leigh around $1.75 billion on share buy backs already...

For shareholders, we continue our focus on building long term value. The board has announced a further $500 million of capital will be returned – comprising a 7 cent per share dividend, unfranked, and another buyback worth up to $378 million.
This additional buy-back is expected to bring the total reduction of shares on issue to 24 per cent since 2015. That’s almost a quarter of our capital base.

So about AUD $ 2.6 billion on pumping a share price...

It sure ain't the Qantas Sale Act stopping you buying a fleet!
Have a look in the mirror Leigh, it is that guy looking back at you that is the problem!
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