STOCK TITAN

Better Choice Company Cancels Previously Announced Stock Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Better Choice Company (NYSE: BTTR), a pet health and wellness company, announced on April 25, 2025, the cancellation of its previously declared stock dividend. The company had announced on April 7, 2025, a stock dividend of 0.35 shares for every 1 share of common stock held, which will no longer be distributed to shareholders.

Better Choice Company (NYSE: BTTR), un'azienda specializzata nella salute e benessere degli animali domestici, ha annunciato il 25 aprile 2025 la cancellazione del dividendo azionario precedentemente dichiarato. La società aveva comunicato il 7 aprile 2025 un dividendo azionario di 0,35 azioni per ogni azione ordinaria posseduta, che non sarà più distribuito agli azionisti.

Better Choice Company (NYSE: BTTR), una empresa dedicada a la salud y bienestar de las mascotas, anunció el 25 de abril de 2025 la cancelación del dividendo en acciones previamente declarado. La compañía había anunciado el 7 de abril de 2025 un dividendo en acciones de 0,35 acciones por cada acción común que se posea, que ya no se distribuirá a los accionistas.

Better Choice Company (NYSE: BTTR)는 반려동물 건강 및 웰니스 회사로서 2025년 4월 25일에 이전에 선언한 주식 배당의 취소를 발표했습니다. 회사는 2025년 4월 7일에 보통주 1주당 0.35주의 주식 배당을 발표했으나, 이제 주주들에게 배당되지 않을 예정입니다.

Better Choice Company (NYSE: BTTR), une entreprise spécialisée dans la santé et le bien-être des animaux de compagnie, a annoncé le 25 avril 2025 l'annulation du dividende en actions précédemment déclaré. La société avait annoncé le 7 avril 2025 un dividende en actions de 0,35 action pour chaque action ordinaire détenue, qui ne sera plus distribué aux actionnaires.

Better Choice Company (NYSE: BTTR), ein Unternehmen für Tiergesundheit und -wohlbefinden, gab am 25. April 2025 die Stornierung der zuvor angekündigten Aktiendividende bekannt. Das Unternehmen hatte am 7. April 2025 eine Aktiendividende von 0,35 Aktien für jede gehaltene Stammaktie angekündigt, die nun nicht mehr an die Aktionäre ausgezahlt wird.

Positive
  • None.
Negative
  • Cancellation of previously announced 0.35:1 stock dividend
  • Potential negative impact on shareholder value and market confidence

TAMPA, Fla., April 25, 2025 (GLOBE NEWSWIRE) -- Better Choice Company, Inc. (NYSE American: BTTR) (“Better Choice” or the “Company”), a pet health and wellness company, today announced that it is canceling the previously declared stock dividend of 0.35 per share for every 1 share held of common stock, which was previously announced on April 7, 2025.

About Better Choice Company Inc.
Better Choice Company Inc. is a rapidly growing pet health and wellness company committed to leading the industry shift toward pet products and services that help dogs and cats live healthier, happier, and longer lives. We take an alternative, nutrition-based approach to pet health relative to conventional dog and cat food offerings and position our portfolio of brands to benefit from the mainstream trends of growing pet humanization and consumer focus on health and wellness. We have a demonstrated, multi-decade track record of success selling trusted pet health and wellness products and leverage our established digital footprint to provide pet parents with the knowledge to make informed decisions about their pet’s health. We sell the majority of our dog food, cat food and treats under the Halo brand, which is focused, respectively, on providing sustainably sourced kibble and canned food derived from real whole meat, and minimally processed raw-diet dog food and treats. For more information, please visit https://www.betterchoicecompany.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Further information on the Company’s risk factors is contained in our filings with the SEC. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Company Contact:
Better Choice Company, Inc.
Kent Cunningham, CEO

Investor Contact:
KCSA Strategic Communications
Valter Pinto, Managing Director
T: 212-896-1254
Valter@KCSA.com


FAQ

Why did Better Choice Company (BTTR) cancel its stock dividend in April 2025?

The press release does not provide specific reasons for the cancellation of the 0.35 per share stock dividend.

What was the original stock dividend ratio announced by BTTR on April 7, 2025?

Better Choice Company had originally announced a stock dividend of 0.35 shares for every 1 share of common stock held.

How does the BTTR stock dividend cancellation affect shareholders?

Shareholders will not receive the previously announced 0.35 shares for every 1 share of common stock held.

When did Better Choice Company announce the cancellation of its stock dividend?

Better Choice Company announced the cancellation of its stock dividend on April 25, 2025.
Better Choice Co Inc.

NYSE:BTTR

BTTR Rankings

BTTR Latest News

BTTR Stock Data

3.70M
1.97M
16.47%
10.93%
5.54%
Packaged Foods
Beverages
Link
United States
TAMPA