Returns of capital: related pages
Capital structure irrelevance The proposition that the proportion of debt to equity does not affect the total value (debt + equity) of a company.
Dividend irrelevance The theory that divided payments are irrelevant when valuing a company.
Scheme of arrangement A re-organisation of a company's financial structure, agreed between the company and either creditors or holders of securities, and approved by a court.
Share buy-back The purchase by a company of its own shares in the market.
Special dividend A label attached to a dividend to make it clear that it is a one-off and does not signal a change in dividend policy.
Copyright Graeme Pietersz © 2005-2019
