Summary
Leisure group Rank looks set to return up to pounds 300m to shareholders as part of a review of its capital structure.
The group, whose interests range from Grosvenor Casinos to the Hard Rock Cafe chain, is understood to be planning to use the majority of the pounds 430m it will net from the sale of its Deluxe film processing business for a share buyback.See the full content of this document
Extract
Rank Looks to Buy Back Shares After Deluxe Film Deal
But at the same time the group is also expected to announce it is cutting its dividend by a...
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