Monday, 22 February 2016

Qantas shareholders pocket another $500m http://ift.tt/1mUaDUn

Qantas shareholders pocket another $500mQantas shareholders will pocket a second windfall in a year after the airline launched a $500 million buyback on the back of a record first half profit. The total Qantas has handed over since returning to profit in 2015 will soar past $1 billion with the buyback, which was unveiled on Tuesday alongside a $688 million half year net profit. Alan Joyce, who declared his intention to remain chief executive for the foreseeable future, said the board will consider further capital returns when it reports full year results in August.



from Sniply: Australian Business & World Finance News - Yahoo!7 Finance http://ift.tt/1mUaDUn
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