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Otto Energy unlocks A$20 million shareholder return with share restructure
9:56am on Monday 28th of September, 2026 AEST
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Oil and Gas
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Otto Energy unlocks A$20 million shareholder return with share restructure
9:56am on Monday 28th of September, 2026 AEST
Key Points
Approximately A$20 million return funded from existing cash reserves
A$0.417 proposed payment per post-consolidation share
100:1 share consolidation proposed to reduce the share count
Shareholder approval required at the 13 November AGM
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Otto Energy (ASX:OEL)
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