Noni B Group chairman Richard Facioni says the retail group will continue to pay regular dividend now that it has returned to profitability and has announced a $5 million on-market share buyback.
Mr Facioni told the company's annual general meeting that given the retailer's now strong financial position, a buyback is good capital management.
Loading...
Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
