Better Choice Company Revises Payment Date for Stock Dividend of 0.35 per Share for Each Share Held for Stockholders of Record as of April 17, 2025

Rhea-AI Summary

Better Choice Company (NYSE: BTTR) has announced a revision to the payment date for its previously declared stock dividend. The company will distribute 0.35 shares for each share of common stock held by stockholders of record as of April 17, 2025.

Key dates for the stock dividend include:

• Record Date: April 17, 2025
• Due Bill Period: April 17-21, 2025
• Payment Date: April 21, 2025
• Ex-dividend Date: April 22, 2025

Shareholders must maintain their stock holdings through the payment date of April 21, 2025, to receive the stock dividend. The revision primarily affects the administrative timeline while maintaining the original record date.

Positive

• 35% increase in share ownership for existing stockholders through stock dividend
• Stock dividend indicates company's commitment to shareholder value

Negative

• Administrative delay in dividend payment date
• No cash dividend option offered

TAMPA, Fla., April 08, 2025 (GLOBE NEWSWIRE) -- Better Choice Company, Inc. (NYSE American: BTTR) (“Better Choice” or the “Company”), a pet health and wellness company, announced on April 7, 2025 that its Board of Directors has approved a stock dividend of 0.35 per share for every 1 share held of common stock, which will be payable to stockholders of record as of Thursday, April 17, 2025.

Due to administrative and regulatory requirements, the payable date for the stock dividend has been changed to April 21, 2025 and the Company’s shares will trade with a due bill on the stock dividend for trades beginning on April 17, 2025 up through and including April 21, 2025 (the "due bill period"). The ex-dividend date will be April 22, 2025, the first business day following the payment date of April 21, 2025. Shareholders of record April 17, 2025 must hold their stock up through and including the April 21, 2025 (payment date) to receive the stock dividend. The record date of April 17, 2025 is unchanged.

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

What is the stock dividend ratio announced by Better Choice Company (BTTR)?

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

When is the record date for Better Choice Company's (BTTR) stock dividend?

The record date for BTTR's stock dividend is April 17, 2025.

What is the payment date for BTTR's April 2025 stock dividend?

The payment date for BTTR's stock dividend has been revised to April 21, 2025.

When is the ex-dividend date for Better Choice Company's (BTTR) stock dividend?

The ex-dividend date is April 22, 2025, the first business day following the payment date.

How long must BTTR shareholders hold their shares to receive the stock dividend?

Shareholders must hold their shares from the record date (April 17, 2025) through the payment date (April 21, 2025) to receive the dividend.