JB Hi-Fi said it will return up to $250 million of capital to shareholders via an off-market buyback, and says January sales are in positive territory.
Up to $437 million will be returned to shareholders through the off-market buyback and interim dividend of $1.63 per share.
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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
