Equities
Peter Gardner

On 1 April 2019, Woolworths announced a $1.7B off-market share buy-back. The buy-back will have a $4.79 capital component, with the balance being a fully franked dividend. The buy-back will be based on a tender, with investors tendering to sell shares at a discount of between 10% to 14% below... Show More

Equities
Peter Gardner

Interest rates around the world, including Australia, have been falling recently. Where conventional wisdom one year ago was for rising rates, now expectations have factored in domestic rate cuts and falling yields over the next 3 years. Aussie 10-year government bonds are at all-time lows standing at 1.75%. This change... Show More

Equities

Income investors relying on ASX blue-chips have been under increasing pressure. However, another source of income has returned to the top end of the market. Speaking at a recent event held by IRESS and Livewire, Peter Gardner from Plato Investment Management identified a long-absent income opportunity back on the menu.... Show More

Peter Gardner

On 20 September 2018, Rio announced a $US3.2B (A$4.4B) share buy-back which includes US$1.9B (A$2.6B) as an off-market buyback and the balance being allocated to Rio Tinto’s existing on-market buyback. The buy-back will have a $9.44 capital component, with the balance being a fully franked dividend. The buy-back will be... Show More

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