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Cash Converters International Ltd (CCV.AX)

CCV.AX on Australia Stock Exchange

24 May 2017
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$-0.01 (-5.45%)
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Latest Key Developments (Source: Significant Developments)

Cash Converters Hy net profit attributable down 27.9% to $11.5 mln
Monday, 27 Feb 2017 04:43pm EST 

Cash Converters International Ltd - : Hy revenues from ordinary activities down 7.8 percent to $143.5 million .Hy net profit for period attributable to members down 27.9% to $11.5 million.  Full Article

Cash Converters International says Mark Reid appointed to the position of CEO
Wednesday, 9 Sep 2015 08:10pm EDT 

Cash Converters International Ltd:Says Reginald Webb has advised the company that he intends to retire from the board.Says Webb has been chairman of the Cash Converters board since January 2005.Says appointment of Mark Reid to the position of CEO, Australia to replace Ian Day.  Full Article

Cash Converters International Ltd announces settlement of class action
Wednesday, 17 Jun 2015 09:00pm EDT 

Cash Converters International Ltd:Says that class action in New South Wales (Gray v Cash Converters International Limited & others NSD 2089 and NSD 2090 of 2013) has been settled.Says settlement is subject to court approval of its terms and verification of information upon which settlement is based.Says Cash Converters expects that all conditions will be satisfied in due course.Says settlement provides for Cash Converters to pay $20 million into a fund for distribution to members of class.Says class members comprise borrowers in New South Wales who took loans from Cash Converters subsidiaries and franchisees during the period July 1, 2010, to June 30, 2013.Says Cash Converters will also pay legal costs capped at $3 million.Says any part of the distribution fund which remains after efforts to contact and pay class members have been exhausted and after payment of the fund administrator's costs, will be repaid to Cash Converters.  Full Article

More From Around the Web

BRIEF-Cash Converters expects to achieve previously announced guidance for FY 2017 NPAT between $20 million and $23 million

* Expects to achieve previously announced guidance for FY 2017 NPAT of between $20 million and $23 million Source text for Eikon: Further company coverage: