Better Choice Company Approves $0.35 Stock Dividend for April 17 Shareholders

Better Choice Company, Inc. (BTTR) has announced a stock dividend of $0.35 per share, set to be distributed to shareholders on April 17, 2025. The company's stock surged 10.85% following a strategic conversion of CAD$4 million in debt to equity by SRx Health Solutions, which is integral to an upcoming merger expected to finalize by late April. This merger aims to position the combined entity as a leading player in the global health and wellness market for pets and families. Chairman Michael Young expressed confidence that this transaction will enhance the financial stability of the merged company without altering the share count of Better Choice. Analysts have set optimistic price targets for BTTR, with potential upsides projected at over 400%. The move is seen as a significant step in Better Choice's growth strategy, focusing on nutrition-based products for pets.