Otto Energy Limited (AU:OEL) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Otto Energy Limited has announced a revised timeline for its A$40 million return of capital, approved by shareholders in November 2023. The company is awaiting a tax ruling from the Australian Tax Office to finalize the distribution, with key dates now scheduled for February and March 2025. Otto Energy appreciates shareholders’ patience as they work to complete the process.
For further insights into AU:OEL stock, check out TipRanks’ Stock Analysis page.
