Human resources technology company Workhuman is pushing for a capital restructuring that will allow it the flexibility to buy back shares or pay dividends. Globoforce, the holding company in the dual Irish-US headquartered Workhuman group, is seeking High Court approval for a capital reduction that would make US$503 million of company reserves available to be used by the company. This will give it greater flexibility as the company, which was previously tipped to IPO, continues to trade strongly. Workhuman carried out a similar capital restructuring exercise in 2019 which was approved by all shareholders, but this time a 10 per…
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