Heartland may buy a business instead of returning $100m to shareholders
Heartland Bank may renege on its promise made last November to return $100m to shareholders – and spend the money on buying a business instead. With special audio feature.
Jenny Ruth Wed, 24 Feb 2016
Heartland Bank [NZX: HNZ] is eyeing potential acquisitions and so may not keep its promise to return $100 million to shareholders, as it flagged at November’s annual shareholders’ meeting.
The bank now says it sees greater opportunity for acquisitions, although it may still return the funds to
