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HPP Nets US$3.38M IRS Refund, Eyes Shareholder Returns and Growth Moves

2:33am on Monday 2nd of June, 2025 AEST Consumer Staples
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HPP Nets US$3.38M IRS Refund, Eyes Shareholder Returns and Growth Moves

2:33am on Monday 2nd of June, 2025 AEST
Key Points
  • Received US$3.38 million tax refund from US IRS
  • Refund relates to 2023 sale of US subsidiary MacFarms, LLC
  • Plans to return surplus net assets to shareholders
  • Exploring acquisitions and strategic combinations
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