Fletcher may pay final div, won't repay wage subsidy

Wed, 11 Nov 2020

Fletcher Building may consider paying a final dividend for the current financial year, but won't be repaying the $66.3 million government wage subsidy it received."We have no intention of paying it back. We shut the whole business in New Zealand and that wage subsidy was just a small portion of our overall losses," chief executive Ross Taylor told analysts on a conference call on Tuesday.The board had discussed the matter: "Absolutely, there's been a discussion. It would be absolutely amazing if there hadn't been,&quo...

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