Trufin (TRU): Tender offer and special dividend
This situation live
TRU Trufin
9 Jul 2026 · proposed · +1% until the next step
Proposed return of £80 million by way of a tender offer and dividend,
28 Jul 2026 · proposed · −34% until the next step
Following the announcement by the Company of the result of the Tender Offer on 27 July 2026, the value of the Special Dividend, details of which are set out in the circular of the Company dated 9 July
17 Sep 2026 · paid · +13% until the next step
• In July 2026, the Company completed a tender offer purchasing 40,579,562 shares at a price of 140p per share, returning approximately £56.8m to shareholders.
Tender offer and special dividend
paid · paid out
Kindtender offer
Amount£56.81 million
As of 3 Nov 2026 ↗
Since Oct 2023: 129 situations of this kind – paid out 64%, went quiet 36%; median share price +6% six months after they opened
Next: Timetable for the further special dividend to be announced
Every step · 6
- 12 Jun 2026 proposed – Having had productive discussions with certain Shareholders regarding the terms and structure of the Return of Value, the Board has determined the best... ↗
- 9 Jul 2026 proposed – Proposed return of £80 million by way of a tender offer and dividend, ↗
- 27 Jul 2026 paid – That, subject to the passing of Resolution 1, the Company be authorised to purchase, in accordance with Article 57 of the Companies (Jersey) Law 1991, up to... ↗
- 28 Jul 2026 proposed – Following the announcement by the Company of the result of the Tender Offer on 27 July 2026, the value of the Special Dividend, details of which are set out... ↗
- 17 Sep 2026 paid – • In July 2026, the Company completed a tender offer purchasing 40,579,562 shares at a price of 140p per share, returning approximately £56.8m to shareholders. ↗
- 3 Nov 2026 paid – Further to the Company's announcement on 28 July 2026 of a £22.5m special dividend, representing 43.03 pence per share, TruFin announces a further return of... ↗
What is happening
Trufin: Tender offer and special dividend – paid. ['paid']
- In short
- After the Playstack disposal completed on 10 June 2026, TruFin returned proceeds via a tender and a £22.5m special dividend announced 28 July 2026. On 3 November 2026 it announced a further £17.5m special dividend after finding acquisition seller price expectations too high. Total returns will exceed £110m over 19 months.
- Announced
- 12 Jun 2026 · proposed
- Latest
- 3 Nov 2026 · proposed
- Amount
- £17.5m further special dividend, 32.48 pence per share (announced 3 November 2026)
- Earlier dividend
- £22.5m special dividend, 43.03p per share, announced 28 July 2026
- Total returned
- More than £110m over a 19-month period
- Reason
- Review of acquisition pipeline and capital requirements; seller price expectations too high
- Cash after
- At least £3m at 31 December 2026, after Rockford and return of value awards
- Next milestone
- Timetable to be announced in due course
What comes next
Timetable for the further special dividend to be announced.
Briefing
Trufin in 4 minutes
TruFin is an AIM-listed holding company that spent years building a video-game publisher, a public-sector early-payment business and an invoice-finance software firm. In June 2026 it sold the game publisher,...
- Act 1A game hit lifts the whole group
- Act 2Lloyds walks away, then the Procurement Act bites
- Act 3Buybacks, then the sale of Playstack
From the company's own announcements. Not investment advice.
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Trufin – company page →