VGI Partners Global Investments Ltd. (AU:VG1) has released an update.
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VGI Partners Global Investments Ltd reported a strong financial year with a net profit after tax of $64.1 million, driven by significant returns from investments in AI semiconductors, energy, and defense stocks. The company achieved a total shareholder return of 29.5%, benefiting from a reduced discount in share price to net tangible assets, and paid fully franked dividends totaling 10 cents per share. Continuing its strategic buy-back program, VG1 acquired substantial shares, enhancing shareholder value and liquidity.
For further insights into AU:VG1 stock, check out TipRanks’ Stock Analysis page.
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