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Alkane Resources declares maiden dividend and $50m share buy-back after strong FY26

The miner said record FY26 results and a stronger balance sheet support capital returns, including a maiden dividend and a buy-back equal to less than 3% of shares.

  • Alkane Resources Limited declared its first-ever fully franked final dividend of 2.0 cents per share for FY26.
  • The company announced a share buy-back program of up to $50 million to be conducted over the next 12 months.
  • Alkane said the dividend and buy-back demonstrate confidence in its ability to generate future cash flows and return capital to shareholders.
  • FY26 was transformational with a merger leading to record production, revenue, profit, and ending with cash, bullion, and listed investments totaling $454 million.
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Maiden Final Dividend Declared for FY26 and On-Market Share Buy-Back Approved

PERTH, Australia, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX: ALK, TSX: ALK, OTCQX: ALKRY)

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  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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fool.com.au broke the news on Thursday, August 20, 2026.
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