AM Online

HR Owen returns £11.8m to shareholders

HR Owen said it plans to return £11.8 million to its shareholders, representing 50 pence a share.

The money was raised by the luxury dealer group from the disposal of 24 sites since the end of December 2005.

A date is yet-to-be confirmed for when shareholders will receive their share of the capital, but HR Owen said it was likely before the end of March.

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