tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ramelius Resources Unveils A$250M Share Buyback and Enhanced Dividend Strategy

Story Highlights
Ramelius Resources Unveils A$250M Share Buyback and Enhanced Dividend Strategy

Claim 50% Off TipRanks Premium and Invest with Confidence

Ramelius Resources Limited ( (AU:RMS) ) has shared an announcement.

Ramelius Resources Limited has announced a significant A$250 million share buyback program and an increase in the minimum dividend to 2 cents per share, as part of its capital allocation strategy for FY26 and FY27. This initiative reflects the company’s confidence in its ability to generate strong free cash flow and its commitment to enhancing shareholder value. Additionally, Ramelius is investing in the development of its mining operations, including the Never Never underground mine and the Mt Magnet hub, with plans to expand production capacity and explore new opportunities for growth.

The most recent analyst rating on (AU:RMS) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Ramelius Resources Limited stock, see the AU:RMS Stock Forecast page.

More about Ramelius Resources Limited

Ramelius Resources Limited is a company operating in the mining industry, primarily focused on gold production and exploration. The company is committed to organic growth and has a strong emphasis on increasing shareholder returns through strategic capital allocation.

Average Trading Volume: 15,221,550

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$6.81B

Find detailed analytics on RMS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1