My Food Bag Group wraps up strategic review and reaffirms capital plan
My Food Bag Group finished its review: it stays NZX-listed, targets 70–90% of NPAT in dividends and weighs extra capital returns next year.
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what happened
According to Reuters, My Food Bag Group Ltd has completed its review and reaffirmed its growth and capital allocation plan. The review concluded that MFB will remain listed on the NZX.
The company is aiming for ordinary dividends, fully imputed, equal to 70% to 90% of net profit after tax (NPAT) across a full financial year.
why it matters
For investors, this signals a clearer dividend policy. The possibility of returning surplus capital on top of ordinary dividends is under evaluation for next year, but no amount or timing has been disclosed yet.
tags
instruments
sources
- My Food Bag Group Completes Review, Confirms Growth & Capital Allocation Plan — Reuters, 3 November 2026 at 19:33 UTC
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