tiprankstipranks
Leo Lithium Announces Shareholder Payout Plans
Company Announcements

Leo Lithium Announces Shareholder Payout Plans

Leo Lithium Ltd. (AU:LLL) has released an update.

Pick the best stocks and maximize your portfolio:

Leo Lithium Ltd. has announced plans to distribute proceeds from the sale of its 40% stake in Mali Lithium BV, including a capital return and an unfranked dividend totaling A$0.172 per share, pending shareholder approval. The distribution is expected to occur in January 2025, with a shareholder meeting scheduled to finalize the details. This move reflects the company’s ongoing efforts to manage capital effectively following the completion of a significant transaction.

For further insights into AU:LLL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskLeo Lithium Ltd. Announces Strategic Financial Moves
TipRanks Australian Auto-Generated NewsdeskLeo Lithium Releases 2024 Interim Financial Report
TipRanks Australian Auto-Generated NewsdeskLeo Lithium Announces Capital Return and Dividend Plan
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App