ASX:TEAConstruction
Tasmea (ASX:TEA) Is Up 16.7% After Special Dividend And Maxim Group Deal News - What's Changed
Tasmea Limited has announced a fully franked special dividend of A$0.10 per share, returning about A$26.20 million to shareholders, following strong recent financial performance and board confidence in its direction.
This payout comes shortly after Tasmea agreed to acquire Maxim Group Australia for up to A$254 million, underscoring a parallel focus on capital returns and expansion into data centres, energy transition and infrastructure markets.
We’ll now examine how the special dividend and...