Origin to undertake $250 million share buy-back
Origin Energy Limited (Origin) has announced it intends to undertake an initial on-market share buy-back of $250 million.
Origin Energy Limited (Origin) has announced it intends to undertake an initial on-market share buy-back of $250 million.
Origin Energy Limited (Origin) is pleased to advise that Dr Nora Scheinkestel will join its Board as an independent Non-executive Director, effective 4 March 2022.
Origin Energy Limited (Origin) today announced its results for the half-year ended 31 December 2021. Origin has also signalled its intention to accelerate its exit from coal-fired power generation, potentially retiring Eraring Power Station in mid-2025, delivering on a core aspect of the company’s strategy to be a leader in Australia’s energy transition to net zero emissions.
Origin Energy Limited (Origin) expects to recognise a non-cash impairment and capital gains tax expense in its half-year 2022 Statutory Income Statement to be released with half year results on 17 February 2022.
Origin’s FY2021 financial performance reflected a strong operational position against the headwinds of volatile commodities markets for electricity, natural gas and oil. Our purpose: Getting energy right for our customers, communities and planet, guided us over the past 12 months to ensure we could provide affordable and reliable energy to our customers.
In accordance with ASX Listing Rule 3.17A.2, Origin Energy Limited (Origin) gives notice that Resolution 5 referred to in the notification provided to the ASX on 17 August 2021 has been withdrawn by the same group of shareholders who requisitioned it.
Origin Energy Limited (Origin) has announced a statutory loss of $2,291 million for the full-year ended 30 June 2021, primarily comprising $2,247 million of non-cash charges including impairments and a deferred tax liability.
In accordance with ASX Listing Rule 3.17A, Origin Energy Limited (Origin) gives notice that resolutions have been received under section 249N of the Corporations Act from two groups of shareholders for consideration at the Company’s Annual General Meeting, to be held on Wednesday, 20 October 2021.
Origin Energy Limited advises in accordance with Listing Rule 3.13.1 that its Annual General Meeting will be held at 10:00am AEDT on Wednesday, 20 October 2021.
Origin Energy Limited (Origin) intends to submit a non-binding advisory resolution on the company’s climate change reporting to shareholders at the 2022 Annual General Meeting.