Key Highlights

  • HiTech Group Australia Limited (ASX:HIT) shares go ex-dividend on 4 September 2026, ahead of the final Dividend payment on 22 September 2026.
  • The company will pay a fully franked final dividend of 4 cents per share.
  • The ACCC has granted unconditional Phase 1 clearance for HiTech's proposed Acquisition of certain Assets of Hudson Global Resources (Aust) Pty Ltd.
  • Hudson Global Resources entered voluntary administration in April 2026, with the asset acquisition now cleared under Australia's mandatory Merger control regime.

HiTech Group Australia Limited, listed on the ASX under the code HIT, is set to trade ex-dividend from 4 September 2026. The company has declared a fully franked final dividend of 4 cents per share, with payment scheduled for 22 September 2026. Shareholders holding the stock ahead of the ex-dividend date will be entitled to receive this distribution.

Regulatory Clearance for Hudson Asset Acquisition

Separately from the dividend timetable, HiTech announced on 25 August 2026 that the Australian Competition and Consumer Commission has granted unconditional Phase 1 clearance in respect of the company's proposed acquisition of certain assets of Hudson Global Resources (Aust) Pty Ltd, a recruitment and staffing Business that entered voluntary administration in April 2026.

The ACCC's clearance followed its review of the proposed acquisition under Australia's mandatory merger control regime. In its decision, the regulator determined that the transaction is not likely to substantially lessen competition in any relevant market, allowing HiTech to satisfy a key condition precedent to completion of the acquisition.

Path to Completion

HiTech noted that, subject to no application for review being made during the 14-day statutory period following publication of the ACCC's reasons for decision, completion of the acquisition is expected to occur shortly thereafter. The announcement did not disclose further financial terms of the transaction or its expected contribution to the company's operations.

Business Context

HiTech Group Australia operates as a recruitment and consulting business, and the proposed acquisition of Hudson Global Resources' assets follows Hudson's entry into voluntary administration earlier in the year. The transaction represents an expansion opportunity for HiTech within the recruitment sector, subject to the completion conditions outlined by the company following ACCC clearance.

Conclusion

HiTech Group Australia's announcement of unconditional ACCC clearance for its proposed acquisition of Hudson Global Resources' assets removes a key regulatory condition ahead of completion, which is expected shortly following the conclusion of the statutory review period. This development sits alongside the company's scheduled ex-dividend date of 4 September 2026, when holders become entitled to the declared fully franked final dividend of 4 cents per share, payable on 22 September 2026.