Danakali Limited Announces Shareholder Distributions

Danakali Limited (AU:DNK) has released an update.

Danakali Limited has announced a total distribution of $162 million to shareholders following the sale of its interest in the Colluli Potash Project, which equals $0.44 per share. However, there remains a substantial amount in unclaimed distributions, urging shareholders to update their details for payment. Additionally, the company is planning to buy back shares from holders of unmarketable parcels once the company’s stock is relisted and accurately valued in the market.

For further insights into AU:DNK stock, check out TipRanks’ Stock Analysis page.