Business
Woolworths shareholders eye $2b special dividend bonanza from Endeavour demerger – Sydney Morning Herald
Woolworths is set to return as much as $2 billion to shareholders as the supermarket giant revealed it would be powering ahead with a demerger of the owner of Dan…
Mr Mathieson will sit on Endeavours board alongside current Woolworths director Holy Kramer, former Lion managing director Duncan Makeig, former Telstra CMO Joe Pollard, Woolworths executive Colin Storrie, and Nine Entertainment director Catherine West.
They will be joined by Endeavours chairman Peter Hearl and soon-to-be chief executive Steve Donohue.
Endeavour intends to pay a dividend of 70 to 75 per cent of net profit after tax for the second half of the 2021 financial year and will cement that…
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