GrainCorp to pay special dividend, buy back shares
Brad ThompsonReporter
GrainCorp has unveiled a $50 million share buyback and declared a special dividend in a sign of confidence the business can withstand adverse weather conditions expected to affect Australian farmers.
The east coast grain handling and storage giant said acquisitions were on its radar despite farmers grappling with hotter and drier conditions stemming from the onset of the El Niño weather pattern.
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