INM to cut final dividend for 2008

Independent News and Media says it notes the 'unwarranted' decline in its share price and believes that the current market capitalisation does not fairly reflect the true value of the company's underlying assets and the current trading performance.

INM to cut final dividend for 2008

Independent News and Media says it notes the 'unwarranted' decline in its share price and believes that the current market capitalisation does not fairly reflect the true value of the company's underlying assets and the current trading performance.

The INM share price has fallen 45% in the last week to stand at 19c per share.

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