Alliance on track to return up to $20 million to eligible farmershareholders

6 Oct 2026

Alliance Group has confirmed that eligible farmer-shareholders who supply and continue to back the business will receive up to $20 million later this year following the strategic investment partnership with Dawn Meats.

Alliance Co-operative Chair Mark Wynne said the planned distribution would include two payments to eligible farmer-shareholders: a dividend for shareholding and a supply rebate for
eligible livestock supply. 45 per cent will be paid as a dividend and 55 per cent as a supplybased rebate.

A further distribution of up to $20 million is planned for next year, subject to livestock flows, with 75 per cent expected to be paid as a rebate and 25 per cent retained as earnings.
“This planned distribution reflects the commitment to returning value to farmer-shareholders while continuing to strengthen the business.”

Niall Browne, Chief Executive of Alliance, said the company is making good progress.

“Ten months on since the transaction with Dawn Meats, Alliance is changing for the better.

After a tough few years, the business is moving into a reset-and-growth phase, built on disciplined improvements across the areas that will drive future shareholder value.

“We are maintaining our market share across lamb, mutton, beef and venison with potential for growth. The business’ financial performance continues to improve, and our focus is on turning that progress into stronger, more consistent returns.

“That means doing the basics better every day. We are investing in plant upgrades to improve safety, reliability, efficiency, environmental performance and product quality, streamlining livestock procurement, staying closer to customers and making faster decisions closer to our plants and regions. We are delivering against what we promised.”

Farmer-shareholders are being encouraged to check their livestock supply numbers in the Alliance farmer portal. The dividend and rebate is expected to be distributed to farmers in late 2026.

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