Brief: Bluescope Steel Approves A$310M Buyback

BLUESCOPE STEEL

15/02/2026 20:37

Feb 16 (Reuters) - BlueScope Steel Ltd BSL.AX:

H1 ADJUSTED NET INCOME AUD 382 MILLION

H1 REVENUE AUD 8,224 MILLION

UNFRANKED INTERIM DIVIDEND OF 65.0 AU CPS

UNDERLYING EBIT IN 2H FY2026 IS EXPECTED TO BE IN THE RANGE OF A$620M TO A$700M

APPROVED INCREASE IN SCALE AND TENOR OF BUY-BACK PROGRAM TO ALLOW UP TO A$310M TO BE BOUGHT OVER NEXT 12  MONTHS

‍UNFRANKED INTERIM DIVIDEND OF 65.0 AU CPS​

PLANS TO DELIVER TOTAL A$3.00 PER SHARE OF SHAREHOLDER RETURNS IN CY2026

Further company coverage: BSL.AX

 ((Reuters.Briefs@thomsonreuters.com;))