March 24, 2020 / 7:48 PM / 11 days ago

BRIEF-Fletcher Building Cancels FY20 Interim Dividend And Suspends Share Buyback

March 25 (Reuters) - Fletcher Building Ltd:

* CANCELS INTERIM DIVIDEND AND SUSPENDS SHARE BUYBACK

* TO CANCEL FY20 INTERIM DIVIDEND DUE TO HAVE BEEN PAID ON 9 APRIL, TO SUSPEND ON-MARKET SHARE BUYBACK PROGRAMME

* WILL ALSO PAUSE DIVESTMENT PROCESS FOR ROCLA BUSINESS

* COVID-19 & ESCALATION OF PROTECTION MEASURES IN NZ & AUSTRALIA TO HAVE A MATERIAL IMPACT ON OPERATIONS & OUR FY20 FINANCIAL RESULTS

* TO WITHDRAW FY20 EBIT GUIDANCE Source text for Eikon: Further company coverage:

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