Australia's BlueScope Steel to return $292.5 million to shareholders via special dividend

Reuters
Jan 14
Australia's BlueScope Steel to return $292.5 million to shareholders via special dividend

Jan 14 (Reuters) - Australian steelmaker BlueScope Steel BSL.AX said on Wednesday it would return A$438 million ($292.54 million) to its shareholders through a special dividend of A$1 per share, funded by surplus cash from recent initiatives.

($1 = 1.4972 Australian dollars)

(Reporting by Rajasik Mukherjee; Editing by Alan Barona)

((Rajasik.Mukherjee@thomsonreuters.com))

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