Business
Boral’s surplus capital a mystery for shareholders – The Australian Financial Review
Now that Kerry Stokes owns the building products group, he controls the purse strings on surplus capital. The question is, will…
A buyback is slightly problematic considering only about $2 billion of shares are in the hands of minority shareholders, who own 30 per cent of the company.
A note to the Boral 2021 accounts said surplus capital would be made available to shareholders subject…
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