Otto Energy Revises Capital Return Timeline

Otto Energy Limited (AU:OEL) has released an update.

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.

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