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Taylor Wimpey Trading Statement posted on Company News.

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idpickering
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Taylor Wimpey Trading Statement posted on Company News.

#473675

Postby idpickering » January 17th, 2022, 7:41 am

Here; viewtopic.php?p=473674#p473674

The item includes this bit;

Excess cash returns

As previously stated, our intention remains to return to shareholders all cash generated by the business that is in excess of that required to fund land investment, working capital, and other cash requirements of the business, and once the ordinary dividend has been met. The Board remains committed to such returns and will announce the level of excess cash return in respect of 2021 with the company's full year results on 3 March 2022. It is the Board's current intention to return this cash by way of a share buyback, however the final method of return will be determined at the time of the full year results in light of prevailing circumstances


Ian.

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