This milestone reflects Capricorn’s commitment to supporting its Members, including mechanical workshops, collision repairers, auto electricians, and other small business owners, who are the backbone of the community.
“By returning $100 million to our Members for FY2024/2025, we’re helping businesses reinvest in their workshops, reward their teams, or reward themselves and their family. We know just how tough being a small business owner can be, so we are proud to be returning such a substantial amount to our Community,” said Brad Gannon, Capricorn Group CEO
“Capricorn’s purpose is to support small businesses and help them thrive. This milestone shows just how powerful being a Member of our cooperative can be.”
This year’s Member Returns for FY2024/2025 include:
- $20 million in Trade Rebates, paid as additional Capricorn Rewards Points*
- A 7 cent per share dividend for Shareholders (fully franked in Australia and partially franked in New Zealand)
- Millions of Rewards Points earned on everyday purchases
What is the Trade Rebate?
The Capricorn Trade Rebate is a unique benefit that rewards Members for spending through their Trade Account.
A portion of Capricorn’s profits is returned as additional Rewards Points, automatically credited to Members’ accounts, with no forms or applications required. These points can be used for tools, equipment, travel, or even paying off the Trade Account.
“Capricorn is built on the strength of our Community. When our Members succeed, we succeed, and this record return is proof of that partnership in action,” Brad added.
“Capricorn’s Member Returns are more than just numbers, they’re benefits going back into local businesses that keep vehicles on the road and communities moving. Whether it’s upgrading workshop equipment, rewarding staff, or funding a well-earned break, these returns make a tangible difference for our Members,” Brad said.
Fast Facts:
- $20 million returned via Trade Rebates
- 7 cents/share dividend paid to Shareholders (fully franked in Australia and partially franked in New Zealand)
- 1.5 Rewards Points earned for every $1 spent on eligible purchases throughout the financial year
- No expiry pressure, points can be used when it suits the business
Find out more at capricorn.coop.
For further information contact media@capricorn.coop or +61 455 731 955.
Images:
Capricorn celebrates $100m in Member Returns artwork
About Capricorn
Capricorn is one of Australia and New Zealand’s largest and most dynamic Member-owned organisations. Since 1974, we’ve provided our Members with financial and business solutions to make running a business easier. Our flagship Trade Account offers instant credit with over 2,000 Preferred Suppliers, simplified monthly expenses, and a generous Rewards program.
We have a strong foundation in the automotive and machinery aftermarkets. Our vibrant Community includes over 30,000 Members across Australia and New Zealand, from national franchises to your local family workshop. This year, Capricorn has facilitated almost $4 billion in sales with our Preferred Suppliers.
At Capricorn, we're about more than just products and services. We work hard to ensure that our Members, Preferred Suppliers and People feel like they're part of something bigger, a Community which is connected and supported to make a difference, while having some fun along the way!
Please note that all figures quoted are in AUD. The past performance of Capricorn is no indication of future performance or returns. All information on this page is general information only and is not intended to be advice. Before acting on any information you should consider the relevance of it to your circumstances and, if necessary, take professional advice.
Shares are issued by Capricorn Society Limited (ACN 008 347 313). No offer of shares is made in this article or publication. An offer of shares will only made in, or accompanied by, Capricorn’s Prospectus and any Supplementary Prospectus which is available on request or may be viewed at capricorn.coop under “Corporate Documents.” Before making any decision to apply for shares you should consider the prospectus and any supplementary prospectus. Any application for shares must be made on the application form in or accompanying the Prospectus.
*Participation in Capricorn Rewards is subject to the Capricorn Rewards Terms and Conditions which can be found at cap.coop/tc.