BHS Industries Berhad - Annual Report 2015 - page 22

21
A
N N U A L
R
E P O R T
2 0 1 5
4. Share Buy-backs
On 1 July 2014, the Company retained as Treasury Shares a total of 7,900,000 ordinary shares for a
consideration of RM4,223,922 with an average price of RM0.535. ­ese shares were either sold or distributed
to shareholders as share dividend as follows:
Average
Sales
price
Proceeds
2014
Description
Unit
RM
RM
October
Disposal
4,425,000
3.0621
13,549,998
December
Disposal
74,374
2.9263
217,641
4,499,374
3.0599
13,767,639
2014
Distribution to Shareholders
November
- Share dividend
3,400,626
7,900,000
Average
price
Cost
2015
Unit
RM
RM
May
Purchase
1,909,200
0.5830
1,113,154
June
Purchase
5,441,800
0.5776
3,143,224
7,351,000
0.5790
4,256,378
For the Financial year ended 30 June 2015, the Company repurchased 7,351,000 shares at an average cost of
RM0.5790 totalling RM4,256,378 as follows:
­ese shares were retained as Treasury Shares.­e company did not made any cancellation of its Treasury Shares.
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