InvestSMART

Regis Healthcare Limited (ASX:REG)

ALERT: Price-sensitive ASX Announcement for REG
Current share price for REG : $6.170 -0.06 (-0.96%)+
Announcement
Release
3 Aug 2026 8:37AM
Price at Release
$6.230
Full Release
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Summary
Regis Healthcare Limited has announced a strategic acquisition of Royal Freemasons Homes of Victoria's home care business, involving approximately 480 clients. The acquisition is projected to significantly boost Regis' home care revenue to around $50 million annually. Funded through existing cash reserves, the transaction is anticipated to conclude in the second quarter of fiscal year 2027. This move aligns with Regis' efforts to expand its operations in Melbourne and capitalize on favorable industry trends such as an ageing population and enhanced government support.
Key Points
  • Regis has entered a binding agreement to acquire Royal Freemasons Homes of Victoria's home care business.
  • The acquisition includes approximately 480 clients.
  • This acquisition is expected to increase Regis' home care revenue by more than $10 million.
  • Annualised revenue post-acquisition is anticipated to be approximately $50 million.
  • The transaction will be funded from existing cash reserves.
  • Completion of the acquisition is expected in the second quarter of FY27.
  • Regis aims to expand its scale in Melbourne and benefit from industry tailwinds like an ageing population and increased government funding.
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.