Australia's GWR Group gains most in over 1-1/2 years after declaring cash distribution

GWR

05/08/2026 02:05

** Shares of Australia's GWR Group GWR.AX rise as much as 20.8% to A$0.145, biggest intraday pct gain since February 5, 2025
** Stock touches its highest level since April 21
** The diversified miner says its board approves cash distribution of A$0.061/share
** GWR says distribution is aided by strong balance sheet, significant cash reserves and listed investments
** YTD, stock up 20.8%, including day's moves

 (Reporting by Aamir Sheik Khalid in Bengaluru)
 ((Aamir.SheikKhalid@thomsonreuters.com))