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ATO Confirms Wellard’s 15c Return of Capital Is Not a Dividend
3:21pm on Thursday 9th of October, 2025 AEDT
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ATO Confirms Wellard’s 15c Return of Capital Is Not a Dividend
3:21pm on Thursday 9th of October, 2025 AEDT
Key Points
ATO class ruling confirms return of capital is not a dividend
15 cents per share returned following sale of MV Ocean Drover
Capital return reduces share cost base or triggers capital gains tax
Return funded from available cash with no change to shareholdings
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