Update on On-Market Share Buy-Back

Open PDF
Stock Brookside Energy Ltd (BRK.ASX)
Release Time 1 Jul 2026, 8:19 a.m.
Price Sensitive Yes
 Brookside Energy Updates on Share Buy-Back and Capital Allocation
Key Points
  • Brookside completed its current on-market share buy-back, reducing share count by 2.0%.
  • The buy-back was funded by operating cash flow, representing 4.25% of FY2025 EBITDA.
  • The company will pause buy-back activity pending U.S. ADS listing.
Full Summary

Brookside Energy Limited (ASX: BRK) has provided an update on its on-market share buy-back and capital allocation strategy. The company has completed its current on-market buy-back, acquiring approximately 1.90 million shares, representing 2.0% of pre-buy-back issued capital. The buy-back was funded from operating cash flow and represents about 4.25% of FY2025 EBITDA. The shares acquired will be canceled, reducing the company's issued share capital. Brookside plans to pause buy-back activities while the proposed U.S. ADS listing process is finalized. The company expects future buy-backs to be within an indicative range of 3.0 to 5.0% of EBITDA, subject to various factors including commodity prices and operating cash flow.

Guidance

Brookside Energy plans future buy-backs within 3.0 to 5.0% of EBITDA.

Outlook

Brookside Energy will pause buy-back activity pending the completion of the U.S. ADS listing process.