Bapcor says no to a Hellaby dividend on top of its offer
“We are quite happy to include a dividend in our price of $3.60, but it certainly isn't in addition to it” – Bapcor's Darryl Abotomey
Jenny Ruth Wed, 07 Dec 2016
Australia-based Bapcor is categorically refusing to allow Hellaby Holdings to pay a dividend.
Bapcor says the New Zealand company has already spent both the earnings for the six months ending this month and the capital gains from selling its equipment division.