PointsBet Holdings Ltd. (AU:PBH) has released an update.
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PointsBet Holdings Limited has announced a significant return of capital to shareholders, amounting to AUD 0.39 per ordinary fully paid share. Shareholders can expect the reorganized securities to trade on an ‘ex return of capital’ basis starting April 30, 2024, with the record date set for May 1, 2024, and the payment to be made by May 16, 2024. The decision, which affects both shareholders and unquoted employee option holders, reflects PointsBet’s commitment to shareholder value.
For further insights into AU:PBH stock, check out TipRanks’ Stock Analysis page.
