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Otto Energy Limited ( (AU:OEL) ) just unveiled an announcement.
Otto Energy Limited has announced a cash return of capital to its shareholders, amounting to AUD 0.00657 per security. This move, approved by security holders, is set to commence trading on an ‘ex return of capital’ basis on May 29, 2025, with the payment date scheduled for June 16, 2025. This announcement signifies a strategic financial decision aimed at returning value to shareholders, potentially impacting the company’s financial structure and market perception.
More about Otto Energy Limited
Otto Energy Limited operates in the energy sector, focusing on the exploration and production of oil and gas resources. The company is known for its involvement in developing energy projects and contributing to the supply of energy resources in the market.
YTD Price Performance: 9.09%
Average Trading Volume: 1,344,281
Technical Sentiment Signal: Sell
Current Market Cap: A$57.54M
See more data about OEL stock on TipRanks’ Stock Analysis page.