Ridley Corporation's On-Market Buy-Back Notification

Ridley Corporation Limited (ASX:RIC) has issued a new announcement on 12/9/2024 regarding the on-market buy-back of its fully paid ordinary securities. The company intends to buy back a maximum of 9,000,000 securities, with the proposed buy-back start date set for 12/9/2024 and the end date on 30/6/2025. The buy-back will be conducted through Wilsons Stockbroking and Advisory Limited, and the consideration will be paid in AUD.

Executive Commentary on the Buy-Back

This Appendix 3C notification provides an update on the broker details and pertains to the buy-back announcement made on 21 August 2024. Ridley Corporation Limited is committed to executing the on-market buy-back as outlined in the announcement, aiming to repurchase a maximum of 9,000,000 fully paid ordinary securities. The company is dedicated to enhancing shareholder value through this strategic initiative.

Summary of Ridley Corporation's Buy-Back Notification

Ridley Corporation Limited (ASX:RIC) has notified the market about its intention to conduct an on-market buy-back of fully paid ordinary securities. The proposed buy-back start date is 12/9/2024, with the end date set for 30/6/2025. The company aims to repurchase a maximum of 9,000,000 securities through Wilsons Stockbroking and Advisory Limited. This buy-back is part of Ridley Corporation's strategic efforts to optimize capital structure and deliver value to its shareholders.