CAPITAL MARKETS

Talisman leans towards dividend and capital reduction

TALISMAN Mining said it “anticipates a combination of a dividend and equal capital reduction to be an efficient structure to return funds to shareholders” in relation to the potential A$46.5 million to be distributed among its owners after selling its stake in the Springfield joint venture to Sandfire Resources.

Talisman leans towards dividend and capital reduction

The company received $58 million cash from Sandfire, and is now looking at how best to reward shareholders. A "class ruling in relation to the tax treatment of a return of capital for shareholders"...

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