Fitell shares surge 28.18% intraday after announcing $0.10 interim dividend and up to $0.15 shareholder loyalty program.

martes, 2 de diciembre de 2025, 11:00 am ET1 min de lectura
FTEL--
Fitell Corporation surged 28.18% intraday after announcing an interim dividend of $0.10 per share and a one-time shareholder loyalty program offering up to $0.15 per share in three tranches. The initiatives, aimed at returning capital to shareholders, were highlighted as evidence of the company’s improved cash position and confidence in its growth strategy across fitness, corporate treasury management, and robotics. Management emphasized alignment with long-term value creation, particularly through its 2F Robotics joint venture. The dividend, payable in January 2026, and the loyalty program, requiring shareholders to hold shares in book entry for 30–90 days, directly incentivized investor retention and underscored financial stability. These measures, combined with strategic investments in robotics and a recent $3M share buyback program, reinforced market optimism, driving the sharp intraday rally.

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