Trellidor aims to continue buying back ‘undervalued shares’
The fixed-security specialist cut its final dividend 30.8% to 11.1c for the year to end-June, citing a constrained domestic environment
09 September 2019 - 11:39
Fixed-security specialist Trellidor, whose share has fallen 8.7% so far in 2019, said it will consider further share buybacks even as it battles with a challenging operating environment.
The group reported a 25% fall in operating profit for the year to end-June on Monday, cutting its final dividend 30.8% to 11.1c per share. This brought the group’s total dividend to 20.2c, down 25.7% year on year...
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