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<WIRE> Computershare (ASX:CPU) Announces Increase in FY Net Profit and a Share Buyback Program



Computershare (ASX:CPU) has announced an increase in its financial year net profit attributable by a staggering 95.4% to $444.7 million.

The company’s board has determined a final unfranked dividend to be 40 Australian cents per share.

The management’s earnings per share (EPS) is anticipated to increase by approximately 7.5% in FY24.

Computershare also announced that a share buyback program, totaling AU$750M, is to be completed in the upcoming twelve months.

The company’s margin income is expected to rise in FY24, reaching around $840 million.

Computershare is a leading global provider of financial services for institutional investors, corporations and private individuals.


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