Elders extends hybrid share clean-up offer

By Andrew Marshall
July 19 2016 - 5:30am
Elders' hybrid securities buyback, aimed at simplifying its capital structure, has provided price liquidity at $95 a share for security holders looking to quit their unconventional shares.
Elders' hybrid securities buyback, aimed at simplifying its capital structure, has provided price liquidity at $95 a share for security holders looking to quit their unconventional shares.

Elders has bought back almost three quarters of its 98,000 hybrid securities as the farm services company tidies up its share register prior to recommencing ordinary dividend payments.

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