L1 Long Short Fund Limited announces an Equity Buyback for 62,241,264 shares, representing 10% of its issued share capital.
May 17, 2024 at 09:30 am IST
L1 Long Short Fund Limited (ASX:LSF) announces a share repurchase program. Under the program, the company will repurchase up to 62,241,264 shares, representing 10% of its issued share capital. The repurchase program will commence on June 3, 2024 and will be valid till May 30, 2025. As of May 17, 2024, the company had 622,412,649 shares issued.
Macquarie Securities (Australia) Limited acted as broker to the company.