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BHP Group (BHP) acquisition of OZL Minerals Limited (OZL) - Scheme of Arrangement – May 2023


The acquisition of Oz Minerals Limited by BHP Group Limited, has been implemented on the 2nd of May 2023. Shareholders will receive $26.50 per OZL Share and a special dividend of $1.75 per share. Both the dividend and share sale will be paid on the 2nd of May 2023 (implementation date).

Please note: The OZL dividend will automatically appear in the portfolio manager,  found in the Income and expenses area.

To account for the acquisition in the Stock Doctor Portfolio Manager, please see the instructions below:

  1. Navigate to the portfolio containing OZL
  2. In the 'Securities Held' screen, please click on OZL. 
  3. Scroll down to the Trades and Adjustments area, and click on the “New Sell” Button
  4. In the new window, please enter the following details:

           Date: 2/5/2022

           Quantity: Enter the total number of shares held in OZL

           Price: $26.50

           Fees: 0

           Then click the Save button, found in the bottom right-hand corner.

      5. In the Notes box at the bottom of the screen you may place a note. “Acquisition by BHP Ltd”


Below is the dialogue box:

You have now accounted for the Scheme of arrangement for OZL.


Our team in the office are ready and willing to assist you with any questions you have about any of the content above. Please give us a call on 1300 676 333 or email us at with any questions you may have.

However, we are not licensed to provide tax advice and therefore anything which relates to tax or your personal circumstances we will not be able to answer. In order to have personal tax or finance questions answered, you will need to seek the services of a licensed practitioner who will be qualified to answer your queries.