29th Aug 2018 12:11
LONDON (Alliance News) - Anglo Asian Mining PLC said Wednesday the court has approved its capital reduction to improve its capacity for future dividend payments.
Anglo Asian said in late June it was considering a maiden shareholder return due to its "strong" financial position.
If dividends are approved by shareholders, Anglo Asian will announce the policy alongside interim results for 2018 due in September.
Shares were 2.1% higher Wednesday at 43.40 pence each.
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