Ryder Capital Limited announces an Equity Buyback for 5,875,672 shares, representing 10% of its issued share capital.
June 09, 2020 at 09:30 am IST
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Ryder Capital Limited (ASX:RYD) announces a share repurchase program. Under the program, the company will repurchase 5,875,672 shares, representing approximately 10% of its ordinary shares. The purpose of the repurchase program is capital management. The program will expire on June 11, 2021. As of June 9, 2020, the company has 58,756,723 shares in issue.
Taylor Collison Ltd. acted as broker to the company.
Ryder Capital Limited is an Australia-based investment company. The Companyâs principal activity includes investing in a concentrated portfolio of ASX listed small to mid-capitalization securities, bonds and cash consistent with the Companyâs permitted investments. The objective of the Company is to achieve long-term growth in capital and income through investments in a concentrated portfolio of ASX and small to mid-capitalization securities, bonds and cash consistent with the Companyâs permitted investments. Its portfolio includes RG Global Ltd, Updater Inc, BCI Minerals Ltd, Cash Converters International Ltd, Janison Education Group Ltd, CountPlus Ltd, MacMahon Holdings Ltd, 3P Learning Ltd, Capitol Health Ltd, Service Stream Ltd, Austin Engineering Ltd, Imdex Ltd, Aurelia Metals Ltd and other. Ryder Investment Management Pty Limited acts as the investment manager of the Company.
RYDER CAPITAL LIMITED 
