Return of Capital
Boral announced on 1 February 2022 that it was returning $3 billion in surplus capital to shareholders by way of a $2.72 per share cash distribution. The cash distribution was in the form of a $2.65 per share equal capital reduction, and 7 cents per share unfranked dividend.
Shareholders voted in favour of reducing Boral’s share capital by up to $3 billion by way of an equal capital reduction at the 2021 Annual General Meeting on 28 October 2021.
Further information and frequently asked questions in relation to the distribution are included below.