Key points
- Fully franked dividend of A$0.05 per share for FY26
- Consideration of a share buyback of up to 100 million shares
- New Simberi Gold Project transitioning to sulphide ore processing
- Nova Scotia Projects touquoy restart and 15-Mile Hub progress
Full summary
ST Barbara Ltd's September Investor Presentation detailed a fully franked dividend of A$0.05 per share for FY26, with the intention to pass on substantial franking credits to shareholders. The company is considering an on-market share buyback of up to 100 million shares, which would return surplus capital to shareholders and is expected to commence after the 15-Mile Processing Hub Pre-Feasibility Study update. The New Simberi Gold Project in Papua New Guinea is transitioning from processing remnant oxides to a high annual production sulphide ore processing operation, with construction progressing. The Nova Scotia Projects in Canada, comprising the Touquoy Restart and 15-Mile Hub, are expected to generate significant cash flow and gold production, with the 15-Mile Processing Hub Feasibility Study completion targeted for June 2027.