BROKEN HILL PROPRIETARY
ISSUE OF FRESH CAPITAL Received Aug. 30. 11.53 p.m. MELBOURNE. Aug. 30. At the annual meeting of the Broken Hill Proprietary Co-., Ltd., the chairman announced that, the board had decided to make an immediate issue to shareholders of 1,493,854 shares of xl each, equal to one share for each two existing shares. These would Bb issued at 30/- each, payable over 20 months. The new capital would be used in extending the company’s productive capacity. ♦ The next dividend, payable in Nocembsr, would be at the rate of Is 3d a share compared with the recent interim dividend of 1/- a
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Bibliographic details
Wanganui Chronicle, Volume 79, Issue 204, 31 August 1935, Page 9
Word Count
104BROKEN HILL PROPRIETARY Wanganui Chronicle, Volume 79, Issue 204, 31 August 1935, Page 9
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