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Comms Group Clears Path to Shareholder Distribution With $24.3m Cash
9:19am on Friday 2nd of October, 2026 AEST
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Telecommunications and Cloud Services
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Comms Group Clears Path to Shareholder Distribution With $24.3m Cash
9:19am on Friday 2nd of October, 2026 AEST
Key Points
$29.3 million received at completion, with a further $1.5 million held in escrow
$5.4 million of Westpac debt and equipment loans repaid
ATO ruling sought on dividend and return-of-capital treatment
Continuing business focused on cloud communications and secure cloud services
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Comms (ASX:CCG)
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