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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Awg Assd Cash | AWGA | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | - |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| Top Posts |
|---|
Posted at 26/2/2002 09:46 by alared wholden:Please read my post No6,this is done for tax reasons only.The only people that are interested in buying these shares are the company themselves,they will never go up in value and when you take the spread into account they are not worth buying.They are issued instead of a dividend,if you`re still interested - buy Anglian Water shares instead. |
Posted at 17/2/2002 10:55 by alared These are redeemable shares issued by anglian water to shareholders (for tax reasons)instead of a dividend.AWG then buys them back,if shareholders want to sell.It`s all done so AWG can claim back tax.The current dividend is 13.42p per share,so they issue 1342 redeemable shares at 0.001p instead.The 43m trade is probably the company buying back it`s own redeemable shares. |
Posted at 12/2/2002 14:50 by richard_robinson Does anyone know why someone would want to buy 43m shares in AWGA ? |
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