FRS.ASX: BCN: $30.4M Shareholder Return via Cash and In-Specie Div

BCN: $30.4M Shareholder Return via Cash and In-Specie Div

Stock	Forrestania Resources Ltd (FRS.ASX)
Release Time	18 Jun 2026, 8:54 a.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

Beacon Minerals Announces $30.4M Shareholder Return

Key Points

Fully franked cash dividend of $0.10 per share
Special dividend via in-specie distribution of 36M FRS shares
Total return initiative valued at approximately $30.4M

Full Summary

Beacon Minerals Limited has announced a significant shareholder return initiative, comprising a fully franked cash dividend of $0.10 per share and a special dividend via an in-specie distribution of 36,000,000 fully paid ordinary shares in Forrestania Resources Limited (FRS). The total value of the return is approximately $30.4 million. The cash dividend will be paid in Australian dollars, while the in-specie distribution will be fully franked for Australian taxation purposes. The distribution is expected to represent approximately 0.303 FRS shares per BCN share on issue on the record date. The distribution dividend is valued at approximately $18.54 million based on the closing price of FRS shares on 17 June 2026.

Guidance

Beacon Minerals expects to return approximately $30.4M to shareholders via dividends.

Outlook

Beacon Minerals remains confident in its future and the strength of its operations, as evidenced by this significant dividend package.