AVJennings Declares Special Dividend Ahead of Planned Acquisition by PM Nominees
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AVJennings has announced a fully franked special dividend of AU$0.167 per share, contingent on its acquisition by PM Nominees. The record date for the special dividend is July 29, with payment on August 6. This dividend reduces the scheme consideration to AU$0.488 per share, with the scheme record date on August 11 and payment expected on August 14, pending approval. The company's shares rose nearly 1% in recent trading.
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