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TPG Telecom Limited ( (AU:TPG) ) just unveiled an update.
TPG Telecom Limited announced that the Australian Taxation Office has issued a final Class Ruling regarding its recent capital return and special dividend. The ruling clarifies that the $1.52 per share capital return is not considered a dividend for tax purposes, while the $0.09 per share special dividend is classified as a dividend. This clarification provides shareholders with important tax information, potentially impacting their financial planning and investment decisions.
The most recent analyst rating on (AU:TPG) stock is a Buy with a A$3.70 price target. To see the full list of analyst forecasts on TPG Telecom Limited stock, see the AU:TPG Stock Forecast page.
More about TPG Telecom Limited
TPG Telecom Limited operates in the telecommunications industry, providing a range of services including mobile, internet, and fixed-line communications. The company focuses on delivering innovative and reliable communication solutions to its customers in Australia.
Average Trading Volume: 1,681,381
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.3B
For an in-depth examination of TPG stock, go to TipRanks’ Overview page.