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The latest announcement is out from Iluka Resources Limited ( (AU:ILU) ).
Iluka Resources has set the share allocation price for its Dividend Reinvestment Plan tied to the 2025 final dividend at $6.3449, calculated from the volume-weighted average price over 10 trading days in March 2026. This pricing mechanism aligns DRP issuance with recent market trading levels, providing shareholders with a transparent basis for reinvestment.
Participation in the DRP was relatively modest, with 10.14 per cent of shareholders, representing 2.03 per cent of the company’s shares on issue, electing to reinvest, resulting in the issuance of 41,094 new shares on 30 March 2026. The limited uptake suggests that most investors preferred to receive cash rather than equity, implying only a small degree of dilution and a minor impact on Iluka’s capital structure.
The most recent analyst rating on (AU:ILU) stock is a Hold with a A$6.50 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
More about Iluka Resources Limited
Iluka Resources Limited is an Australian company listed on the ASX that operates in the resources sector. The company is primarily involved in mineral sands, producing key materials used in various industrial applications, and serves both domestic and international markets.
YTD Price Performance: 15.91%
Average Trading Volume: 4,139,974
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.88B
For an in-depth examination of ILU stock, go to TipRanks’ Overview page.