Enero Group Limited
(ASX:EGG) says it has reduced its share capital account and total contingent liability amounts, while also declaring it will pay a special fully franked dividend.
The boutique marketing and communications business reduced its total contingent liability amounts by a further $5 million, from January to April 2017.
The board’s directors also declared a special fully franked dividend of 5 cents per share, payable on 26 June 2017, with the record date for determining entitlements set at 7 June 2017.
Meantime Enero says it reduced its share capital account by $397.2 million, which will reduce the company’s accumulated losses on its financial statements.
Shares in Enero Group Limited
(ASX:EGG) closed 2.73% lower yesterday to $1.07.
