BHP sees over half million performance rights lapse

BHP Group Limited has announced the cessation of 569,765 unquoted performance rights (ASX code: BHPAC) effective September 30, 2025. This cessation is attributed to the lapse of conditional rights to securities because the vesting conditions were not met or became incapable of being satisfied. The company confirmed that no consideration was paid for these lapsed securities, noting that the cessation is due to the failure to meet vesting conditions under BHP's equity incentive awards.

Following this change, the total number of unquoted performance rights (BHPAC) on issue for BHP Group Limited has decreased to 6,567,778. The number of quoted ordinary fully paid shares (ASX code: BHP) remains unchanged at 5,078,913,175. This adjustment reflects a reduction in potential future equity dilution from the company's incentive programs.

The announcement was made on October 8, 2025, and provides an update on the company's issued capital structure. This notification ensures transparency regarding the status of securities tied to performance-based remuneration.