VAH virgin australia holdings limited
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Virgin Australia Completes buy-back facility

  1. FNN News
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    16/04/18
    09:00
    Post #: 32475343
    .

    Travel company Virgin Australia (ASX:VAH) has announced the completion of its unmarketable share buy-back facility.

    Under the terms of the offer, Virgin offeredto buy-back shareholdings valued at less than $500 at a price of 30 cents per share.

    The proceeds of the buy-back of the shares will be distributed to participating shareholders.

    The outcome of the buy-back facility will take the group’s shares on issue from around 8.5 to 8.4 million.

    Shares in Virgin (ASX:VAH) closed flat at 21 cents on Friday.
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