Farmers who purchase Ballance products may wish to consider becoming shareholders in the company. 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. We also pay out a dividend; this is based on the number of shares you hold - the more shares, the greater your dividend.
To become a shareholder you must purchase a minimum of 30 shares and advise us of your anticipated tonnage of fertiliser use per 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.
At the end of each financial year your combined rebate and dividend is calculated. If you are not fully paid-up, two-thirds of the rebate is used to buy shares; one-third is paid out in cash. Once you are fully paid-up, annual rebates are paid out entirely in cash, for you to spend as you choose. Rebates and dividends are paid out in September.
The Ballance share system means you know exactly how many shares you require to become a fully paid-up shareholder. With returns based on both the quantity and cost of your purchases, achieving paid-up status is easy and relatively quick.
Talk to your Ballance Technical Sales Representative today about becoming a Ballance shareholder or email or phone customer services on 0800 222 090 to arrange for a representative to visit you.
