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Fat Prophets Global Contrarian Fund Limited (ASX:FPC)

ALERT: Price-sensitive ASX Announcement for FPC
Current share price for FPC : $1.290 -0.193 (-12.98%)+
Release
1 May 2026 10:21AM
Price at Release
$1.483
Full Release
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Summary
Fat Prophets Global Contrarian Fund Limited (FPC) has announced an on-market buy-back of its ordinary fully paid securities, as detailed in their Appendix 3C. The buy-back will be conducted without requiring security holder approval, with Ord Minnett acting as the broker to facilitate the transactions. The fund will pay cash consideration in Australian Dollars for the securities, with the buy-back scheduled to commence on May 18, 2026, and conclude by May 17, 2027. The total number of securities to be bought back is contingent on market conditions, allowing flexibility in execution without a set minimum or maximum limit.
Key Points
  • The announcement type is a new buy-back announcement.
  • ASX Security code for the buy-back is FPC.
  • The buy-back is an on-market type.
  • Total securities on issue are 28,172,481.
  • No minimum or maximum number of securities for buy-back.
  • Ord Minnett is the broker for the buy-back.
  • Buy-back consideration to be paid in AUD.
  • Buy-back does not require security holder approval.
  • Buy-back start date is May 18, 2026.
  • Buy-back end date is May 17, 2027.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.