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S.Africa's Absa to pay special dividend -CFO
February 12, 2013 / 9:11 AM / 5 years ago

S.Africa's Absa to pay special dividend -CFO

JOHANNESBURG, Feb 12 (Reuters) - South Africa’s Absa Group plans to return some of its excess capital to shareholders by paying a special dividend, its chief financial officer said on Tuesday.

“The use of our excess capital will be through a special dividend,” David Hodnett told Reuters following the bank’s presentation of its full-year earnings.

Absa is the South African unit of Britain’s Barclays Plc .

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