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GTN Ltd. ( (AU:GTN) ) just unveiled an announcement.
GTN Limited, a company listed on the ASX, has announced a cash return of capital to its shareholders, with a payment of AUD 0.23 per security. The trading of reorganized securities on an ‘ex return of capital’ basis will begin on August 1, 2025, with the record date set for August 4, 2025, and payment to be made on August 11, 2025. This move, approved by security holders, signifies a strategic financial decision by GTN Limited to return value to its shareholders, potentially impacting its financial structure and shareholder relations.
The most recent analyst rating on (AU:GTN) stock is a Hold with a A$0.55 price target. To see the full list of analyst forecasts on GTN Ltd. stock, see the AU:GTN Stock Forecast page.
More about GTN Ltd.
Average Trading Volume: 36,899
Technical Sentiment Signal: Buy
Current Market Cap: A$112.5M
Learn more about GTN stock on TipRanks’ Stock Analysis page.