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Lion Selection Group Limited (ASX:LSX)

ALERT: Price-sensitive ASX Announcement for LSX
Current share price for LSX : $0.875 0.09 (11.46%)+
Announcement
Release
25 Aug 2025 9:56AM
Price at Release
$0.785
Full Release
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Summary
Lion Selection Group Limited (LSX) announced a fully franked special dividend of 2 cents per share, demonstrating its robust financial status and ongoing commitment to shareholder returns. The special dividend, enabled by the company's solid cash position and reviewed asset base, will provide shareholders with additional value, supported by Australian franking credits. The announcement details the relevant dates for dividend eligibility and payment, reinforcing the company's strategic approach to capital management and investor relations.
Key Points
  • Lion Selection Group Limited (LSX) has announced the payment of a fully franked special dividend of 2 cents per share.
  • The special dividend reflects the company's strong financial position and its commitment to returning value to shareholders.
  • The dividend is fully franked, meaning it will carry Australian franking credits, providing tax benefits to eligible shareholders.
  • The announcement follows the company's review of its investment portfolio and available cash reserves.
  • The record date and payment date for the dividend are specified in the announcement, ensuring clarity for shareholders regarding eligibility and timing.
  • Lion Selection Group Limited continues to focus on managing its assets efficiently and providing regular returns to its investors.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.