Tribeca Global Natural Resources has initiated on-market share purchases under its Dividend Reinvestment Plan, setting a price ceiling aligned with its recent net tangible asset valuation.
Tribeca Global Natural Resources Limited (ASX – TGF) has declared a fully franked 5-cent dividend for FY25 alongside a 10% on-market buyback, while delivering returns that outpaced major natural resource indices. The company’s portfolio is well positioned to benefit from rising strategic demand for critical and precious metals amid evolving global market dynamics.
Tribeca Global Natural Resources Limited announces a fully franked $0.05 final dividend for FY25 alongside amendments to its Dividend Reinvestment Plan designed to protect shareholder value. The company also launches a 10% on-market share buy-back aiming to capitalize on shares trading below net tangible asset backing.
Tribeca Global Natural Resources Limited has reversed last year’s loss to report a $5 million profit and declared a fully franked dividend, while unveiling a significant share buyback program to address its discount to net tangible assets.