Not a shareholder?

Here are some questions that might be on your mind

Who can become a shareholder?

Farmers who purchase Ballance products may wish to consider becoming shareholders in the company.

How do I become a shareholder?

To become a shareholder you must purchase a minimum of 30 shares. At our current share price of $8.10 this would be an initial outlay of $243. In addition we ask you to forecast how many tonnes of fertiliser you expect to buy in a year. This tonnage is called your quota and is used to determine how many shares you need to become a fully paid-up shareholder. This ‘required shareholding' is re-evaluated every four years and only changes if the tonnage of fertiliser used alters.

Ballance Agri-Nutrients Rebate and Dividend per tonne 2016

What are the benefits of becoming a shareholder?
Shareholders in Ballance receive a rebate on all qualifying purchases made during each financial year. This rebate is calculated on both the volume of fertiliser purchased and the value of that product. We reward you based on both how much you buy and how much you spend. At the end of each financial year your rebate is calculated. If you are not fully paid-up, 70 percent of the rebate is used to buy shares; 30 percent is paid out in cash. Once you are fully paid-up, annual rebates are paid out entirely in cash. Rebates are usually paid out in August or September.

Ballance shareholders are also entitled to free Ag Hub basics – everything needed to start managing a farm from any internet-connected device. Data arrives automatically, then it’s converted into useful graphs and charts that provide the information needed to make smarter decisions. Ag Hub provides a fully integrated tool that will deliver on the co-operative’s complete nutrient strategy and provide real benefits to shareholders.

Who do I contact for more information?
Talk to your local Ballance Nutrient Specialist today about becoming a Ballance shareholder. Alternatively, you can make an enquiry through our Contact page or phone our shareholding team on 0800 267 266.

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