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)
3 topics
1 stock mentioned
most popular
Equities
The ASX tech company dominating its space and why we're backing it
Auscap Asset Management
Equities
Copper threatens to outshine lithium, putting leveraged juniors in the frame
Independent Journalist
Please sign in to comment on this wire.