Special Div as Vita Sells Out to Telstra
Shareholders in Vita Group are set to receive a special dividend of up to 45c a share thanks to the decision to sell its retail telco business to Telstra for $110 million.
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Vita Group Limited
Vita Group is a publicly listed (ASX:VTG) Australian retailer with more than 25 years of expertise in consulting with customers and providing products and services that add value to their way of life.
Vita operates in two key industries:
Information and communication technology – where we own and operate more than 100 Telstra retail stores and Telstra Business Technology Centres, as well as our own Sprout accessories brand, which is stocked in more than 300 retail locations Australia wide.
Skin health and wellness – where we own and operate a growing network of aesthetic clinics through our own premium medical aesthetics brand, Artisan Aesthetic Clinics, and our network of non-branded aesthetic clinics.
Vita Group are a truly national organisation with more than 120 points of presence, 1,600 team members and revenues of $773.1 million (as at 30 June 2020)
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