VGI Partners Global Investments Limited (ASX:VG1) Releases Half-Year Financial Results
Financial Performance
VGI Partners Global Investments Limited reported a loss of $43.1 million after tax for the half-year ended 31 December 2024, marking an 846% decrease compared to the previous year. The investment portfolio returned -9.7% net of fees, and the share price return was -4.4%.
Dividend Announcement
The company declared a final dividend of 5.0 cents per share for 2024 and an interim dividend of 6.0 cents per share for 2025, both fully franked. The interim dividend will be paid on 24 March 2025, with the ex-dividend date set for 19 February 2025.
Share Buy-Back Program
VGI Partners conducted a share buy-back of 30,183,437 shares at a cost of $57.7 million during the six months. Additionally, the company received shareholder approval to buy back up to 67,382,076 shares over the next 12 months to manage capital effectively.
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