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The company originally issued $1 shares. There were two further issues in 1990 and 1995. In 1999 the company had a bonus issue of five shares for every four held. This increased the total number of shares to 7,320,924. In April 2004 Blue Sky Meats purchased Horizon Meats, while at the same time buying back 1,557,875 of its own shares. The company presently has 5,763,049 shares. In the 15 full years from March 1988 to March 2003 the total after tax profit has been $28,905,553. Shareholders have received 316.75 cents per original share in fully imputed dividends. At March 2003, net tangible assets per share were $3.08. At the end of 2003 the share price was $5.00. An investor, who purchased shares at the company’s inception and sold them in December 2003, would have received about $14 (tax free) for every $1 invested in a combination of dividends and sale of shares.
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