Qantas Airways (QAN) - $505m capital return announced & FY15 transformation benefits ahead of guidance
Qantas announced a capital return of $505 million, equivalent to 23 cps will be paid to shareholders in early November 2015. Transformation benefits ahead of guidance ( to date, $1.1 billion of transformation benefits have been realised): $182m- revenue benefits, $136m- lower fuel prices, $576m- non-fuel expenditure benefits. Read the full summary here: (VIEW LINK)
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