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Capital Management and Dividends | 12 Months Ended
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Mar. 31, 2019
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Capital Management and Dividends | Capital Management and Dividends The following table summarizes the dividends paid during the fiscal years 2019, 2018 and 2017:
(Millions of US dollars) | US Cents/Security |  | US$ Millions Total Amount |  | Announcement Date |  | Record Date |  | Payment Date
FY 2019 first half dividend | 0.10 |  | 43.6 |  | 8 November 2018 |  | 12 December 2018 |  | 22 February 2019
FY 2018 second half dividend | 0.30 |  | 128.5 |  | 22 May 2018 |  | 7 June 2018 |  | 3 August 2018
FY 2018 first half dividend | 0.10 |  | 46.2 |  | 9 November 2017 |  | 13 December 2017 |  | 23 February 2018
FY 2017 second half dividend | 0.28 |  | 131.3 |  | 18 May 2017 |  | 8 June 2017 |  | 4 August 2017
FY 2017 first half dividend | 0.10 |  | 46.6 |  | 17 November 2016 |  | 21 December 2016 |  | 24 February 2017
FY 2016 second half dividend | 0.29 |  | 130.2 |  | 19 May 2016 |  | 9 June 2016 |  | 5 August 2016
During fiscal year 2017, the Company announced a share buyback program (the “fiscal 2017 program”) to acquire up to US$100.0 million of its issued capital in the twelve months through May 2017. Under this program, the Company repurchased and cancelled 6,090,133 shares of its common stock during the second quarter of fiscal year 2017. The aggregate cost of the shares repurchased and cancelled was A$131.4 million (US$99.8 million), at an average market price of A$21.58 (US$16.40). Subsequent to 31 March 2019, the Company announced an ordinary dividend of US 26.0 cents per security, with a record date of 6 June 2019 and a payment date of 2 August 2019.

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