19 December 2022
Acquisition of Ordinary Shares
This notice is given under NZX Listing Rule 3.13.1 and s.65(2) of the Companies Act 1993, and relates to the acquisition of ordinary shares in Chorus Limited under the on-market share buyback programme announced by Chorus to the market on 21 February 2022.
ENDS
Most of the cash will come from sale of mobile tower business Fortysouth.
Proposed savings programme could accumulate up to $18 billion in 18 years.
Carpet maker had private talks about the Godfrey Hirst deal after its AGM.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details