EBOS Group Sets Final Dividend and DRP Strike Price for FY25

EBOS Group Confirms Dividend Details for FY25

EBOS Group Limited, a key player in pharmaceutical distribution across New Zealand and Australia, has updated its dividend announcement for the six-month period ending 30 June 2025. The company declared a total dividend of NZD 0.64213235 per ordinary share, payable on 24 September 2025. This update clarifies the Dividend Reinvestment Plan (DRP) strike price, an important detail for shareholders considering reinvestment options.

Dividend Composition and Franking Status

The declared dividend consists of an ordinary dividend of NZD 0.615 per share, which is fully franked at the 30% corporate tax rate, reflecting EBOS’s strong tax position and commitment to returning value to shareholders. Additionally, a supplementary dividend of NZD 0.02713235 per share is unfranked, a common feature for New Zealand entities distributing certain types of income.

This combination ensures shareholders receive a tax-efficient income stream, with the fully franked portion providing franking credits that can be valuable for Australian investors.

Dividend Reinvestment Plan Details

EBOS has confirmed the DRP will operate with a strike price of NZD 28.99 per share, calculated as a 2.5% discount to the volume weighted average price (VWAP) on the New Zealand Stock Exchange over the period 8 to 12 September 2025. This discount incentivizes shareholders to reinvest their dividends into additional shares, supporting the company’s capital base without diluting existing shareholders excessively.

The DRP securities will be newly issued and rank equally with existing shares from the date of issue, ensuring parity among shareholders. Notably, the default option for shareholders who do not elect to participate in the DRP is to receive their dividend in cash.

Currency and Payment Logistics

Dividends will be paid primarily in New Zealand dollars, with Australian dollar equivalents calculated and paid to Australian residents based on exchange rates to be released on 19 September 2025. This dual-currency arrangement reflects EBOS’s trans-Tasman shareholder base and ensures smooth payment processing aligned with investor preferences.

Importantly, no external approvals were required for this dividend payment, indicating a straightforward process and confidence from the board in the company’s financial position.

Looking Ahead

This update solidifies EBOS Group’s commitment to delivering consistent shareholder returns while providing flexibility through the DRP. Investors will be watching closely to see how many shareholders opt to reinvest, which could signal confidence in the company’s growth prospects and capital management strategy.