ThinkSmart: Think of the risks

The consumer finance company’s capital management plans pose risks for minority shareholders.

Point of sale consumer finance business, ThinkSmart, recently held an extraordinary general meeting in which shareholders approved a proposal to buy back up to 50% of TSM’s issued capital at between $0.31-$0.42 per share.

The buyback tender opened on December 23, 2014 and will run until January 23, 2015. Accordingly, shareholders need to consider whether or not to participate in the buy back.


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