FAR Ltd ( (AU:FAR) ) has provided an update.
FAR Ltd has announced a cash return of capital to its shareholders, amounting to AUD 0.08 per security. This move is set to commence trading on an ‘ex return of capital’ basis from June 4, 2025, with the record date on June 5, 2025, and payment scheduled for June 12, 2025. The approval for this capital return requires security holder consent, which is expected to be determined by May 30, 2025. This announcement reflects FAR Ltd’s strategy to enhance shareholder value and may impact its financial positioning within the market.
More about FAR Ltd
FAR Ltd is a company involved in the financial sector, focusing on providing investment opportunities and capital management services. The company is listed on the Australian Securities Exchange (ASX) under the code FAR, and it primarily deals with ordinary fully paid securities.
YTD Price Performance: -12.72%
Average Trading Volume: 1,938
Technical Sentiment Signal: Buy
Current Market Cap: $29.61M
Learn more about FAR stock on TipRanks’ Stock Analysis page.