Highlights

• Viva Energy confirmed a Dividend Reinvestment Plan price of AU$2.98 per share on 16 September 2026.
• The fully franked dividend of AU$0.0773 per share covers the six months to 30 June 2026.
• Brent crude jumped roughly 3% to US$105 a barrel as supply disruptions rattled energy markets.

DRP Price Confirmed on 16 September

Viva Energy Group Limited (ASX: VEA) told the market on 16 September 2026 that it has fixed the price for shareholders reinvesting their latest ordinary dividend. The notice builds on the company's earlier dividend announcement of 25 August 2026, filling in the one detail participants had been waiting on. Viva Energy shares were quoted at AU$3.17 at the time of the update, up AU$0.12 or 3.93% on the market data provided.

How the AU$2.98 Price Was Calculated

The reinvestment price of AU$2.98 per share includes a 1.5% discount. It was derived from the volume-weighted average share price across the five trading days immediately after the DRP election cut-off, covering 9 September to 15 September 2026. Eligible participants will have their cash entitlement applied toward additional Viva Energy shares at that level rather than receiving a cash payout.

Dividend Terms and Key Dates

The ordinary dividend of AU$0.0773 per share relates to the half year ended 30 June 2026 and is 100% franked at the 30% corporate tax rate, delivering the associated franking credits to shareholders. The ex-dividend date fell on 4 September 2026 and the record date on 7 September 2026. Payment is scheduled for 30 September 2026, with new securities issued under the DRP to be allotted the same day.

Crude Oil Rally Sharpens Sector Focus

The update lands during a turbulent stretch for global energy markets. Brent crude rose about 3% on Wednesday to trade near US$105 a barrel after outages hit a Saudi pipeline and Libyan oil fields, compounding supply pressures tied to the Iran war. Crude movements of that scale can filter through to fuel-market conditions, refining margins and overall sector sentiment.

What Shareholders Gain

The announcement removes uncertainty around reinvestment terms ahead of the 30 September payment. For investors weighing Viva Energy's outlook, the combination of a franked distribution and a volatile crude backdrop leaves both the payout mechanics and the supply-driven oil rally worth tracking.

Note- All data presented is based on information available at the time of writing.

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