Capital Management

November 2019 Off-Market Share Buy-Back

On 22 August 2019 the Qantas Group announced an off-market share buy-back of up to 79.7 million shares. Click hereOpens in new window for further information on the off-market share buy-back.

On 4 November 2019, the Qantas Group announced the key outcomes of its off-market buy-back. Click hereOpens in new window to view the ASX announcement.

Click hereOpens in new window for Australian Taxation Office Class Ruling CR 2020/2, Qantas Airways Limited – off-market share buy-back, November 2019.

On-Market Share Buy-Backs

Date	Event	Number of shares	ASX Announcement
March 2019 – June 2019	On-market Share Buy-back	(55,143,058)	Appendix 3F Opens in new window
September 2018 – December 2018	On-market Share Buy-back	(57,918,883)	Appendix 3F Opens in new window
March 2018 – June 2018	On-market Share Buy-back	(61,540,891)	Appendix 3F Opens in new window
September 2017 – December 2017	On-market Share Buy-back	(63,117,606)	Notofication of Dividend Opens in new window
September 2016 - April 2017	On-market Share Buy-back	(110,574,637)	Appendix 3F Opens in new window
March 2016 - June 2016	On-market Share Buy-back	(143,599,336)	Appendix 3C Opens in new window
December 2012 - October 2013	On-market Share Buy-back	(68,793,370)	2012-13 On-market Share Buy-back Opens in new window
October 2007 - May 2008	On-market Share Buy-back	(91,062,424)	2007-08 On-market Share Buy-back Opens in new window

Capital Return

On August 20 at the Group's FY15 results, Qantas proposed a 23 cents per share cash distribution. The $505 million capital return was voted on and approved by shareholders at the company's 2015 Annual General Meeting on 23 October 2015. To view full details including frequently asked question please see the ASX releaseOpens in new window.

Dividend History

On June 25 2020, as part of the post-COVID recovery plan, the Group announced its decision to revoke the FY20 interim dividend. This has enabled the Group to avoid the outflow of $201 million of cash and maintain strong levels of liquidity in the face of the unprecedented COVID-19 crisis. For more information, please refer to page 4 of the ASX and Media releaseOpens in new window.