Bauxite plans capital return

THE board of Bauxite Resources is planning a $A9.2 million return of capital to shareholders.

Bauxite plans capital return Bauxite plans capital return Bauxite plans capital return Bauxite plans capital return Bauxite plans capital return

Subject to shareholder approval, the company will return 4c per share to investors.

The company said its larger shareholders supported the move.

The return will be funded from its cash of $42.

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