TLDR
- Fitell Corporation’s Board approved a $3 million share repurchase program valid for 24 months starting November 27, 2025
- An interim cash dividend of $0.10 per share will be paid January 13, 2026, to shareholders of record by December 30, 2025
- A new Shareholder Loyalty Program offers up to $0.15 per share across three payment tranches for maintaining book-entry ownership
- Shareholders must transfer shares to Vstock Transfer by December 29, 2025, to participate in the loyalty program
- Company insiders are excluded from participating in the loyalty program
Fitell Corporation has unveiled a trio of shareholder initiatives designed to return capital. The announcements span a share buyback program, an interim dividend, and a novel loyalty program.
On November 27, 2025, the Board greenlit a $3 million share repurchase program. The authorization allows Fitell to buy back Class A ordinary shares over a 24-month window. The company tapped Rodman & Renshaw LLC as its broker for the repurchases.
Days later, on December 2, 2025, Fitell announced two additional programs. The Board declared a $0.10 per share interim dividend payable in cash. Shareholders on record as of December 30, 2025, will receive payment on January 13, 2026. The ex-dividend date falls on December 29, 2025.
How the Loyalty Program Works
The Shareholder Loyalty Program represents Fitell’s most distinctive offering. Eligible shareholders can collect up to $0.15 per share through three separate cash payments.
To qualify, shareholders must move their shares into book-entry form with Vstock Transfer by December 29, 2025. This date serves as both the loyalty program start date and record date.
The program operates on a tiered schedule. Shareholders maintaining book-entry ownership for 30 days receive $0.05. Those holding for 60 days get another $0.05. A final $0.05 payment comes after 90 days of continuous ownership.
Each payment arrives approximately 15 days after its tranche period ends. The enrollment window extends from December 29, 2025, through March 28, 2026.
Company officers, directors, and employees cannot participate in the program.
Transfer Requirements
Shareholders wanting to join must contact their brokers to initiate a DTC DWAC transfer to Vstock Transfer. The process carries a $125 processing fee. Vstock Transfer’s DTC DWAC withdrawal number is 50236.
Shares in book entry cannot be lent to third parties without explicit shareholder permission. While shares can be transferred back to brokers via DRS transfer, they must remain in book entry from the record date through each tranche-end date to qualify for payments.
CEO Sam Lu addressed the initiatives. “Our Interim Dividend and Shareholder Loyalty Program reflect our continued confidence in our balance sheet position and operational outlook, following FY2025 financial results,” Lu stated. He noted the timing aligns with the company’s strategy across corporate treasury management, fitness operations, and its new robotics joint venture, 2F Robotics.
Fitell operates as an online retailer of gym and fitness equipment in Australia through subsidiary GD Wellness Pty Ltd. Its brands include Muscle Motion, Rapid Motion, and FleetX. The company currently trades with a market cap of $2.07 million and average daily volume of 1,286,019 shares. Fitell filed Form 6-K with the SEC concurrent with the dividend and loyalty program announcement.
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