Why Is ResMed (ASX:RMD) Leaning on Capital Returns?
Highlights The sleep-apnoea device maker plans a large share repurchase and a higher dividend for the new financial year. A business sale closed last month, freeing cash to fund an accelerated repurchase. Quarterly earnings due in late October will show how demand and margins are tracking. ResMed (ASX:RMD), the sleep and respiratory care device maker that lists on both the New York and Australian exchanges, has laid out a heavy capital return plan for the new financial year, combining a large...




