Westgold Delivers $122M in FY26 Shareholder Capital Returns
Westgold Resources Ltd
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.