WGX Price sensitive 28 Aug 2026, 8:46 AM

Westgold Delivers $122M in FY26 Shareholder Capital Returns

Westgold Resources Ltd

Westgold Announces $122M in FY26 Shareholder Capital Returns

Key points

  • 10 cents per share fully franked dividend declared
  • Total dividend payment of approximately $95M
  • Approximately $27M invested in on-market share buy-backs

Full summary

Westgold Resources Limited announced the declaration of a 10 cents per share (cps) fully franked dividend for FY26, representing a total payment of approximately $95M. This is 400% above the minimum annual dividend commitment of 2cps. Together with approximately $27M invested in on-market share buy-backs to 30 June 2026, Westgold's capital returns to shareholders for FY26 total approximately $122M. The Board has also approved a new Shareholder Capital Return Policy for FY27, targeting a minimum annual shareholder capital return of 3 cents per share. Additionally, a $50M on-market share buy-back program for FY27 has been approved.

Guidance

Westgold expects to return a minimum of 3 cents per share to shareholders in FY27.

Outlook

Westgold is committed to returning capital to shareholders while funding growth opportunities and maintaining a strong balance sheet.

Sign in for more about this company, including guidance changes and other insights.
Sign in