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An update from GTN Ltd. ( (AU:GTN) ) is now available.
GTN Limited, a company listed on the ASX, has successfully completed a capital return to its shareholders, following approval at a general meeting. The capital return involved a payment of $0.23 per share, totaling $43,853,133.31, distributed to shareholders either through bank transfers or cheques. The company is in discussions with the Australian Tax Office to finalize the tax implications of this capital return for shareholders, and a Class Ruling will be published once confirmed. This move reflects GTN’s commitment to shareholder value and transparency in financial dealings.
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: 41,897
Technical Sentiment Signal: Buy
Current Market Cap: A$75.31M
Learn more about GTN stock on TipRanks’ Stock Analysis page.