DIT News & Events

Amcon Distributing Company announced that the company's Board of Directors declared a 50% stock dividend on its common stock. The Stock Dividend will be issued on March 20, 2026, to shareholders of record as of March 6, 2026, in the dividend ratio amount of 0.5 share of common stock being distributed per every one share of common stock held by each such holder. No fractional shares will be issued, and the Company will pay cash in lieu of any fractional shares that result from the Stock Dividend based on the closing price of the Company's common stock on the Record Date.

This cash dividend is payable on January 31, 2025 to shareholders of record as of December 30, 2024.

AMCON Distributing announces the acquisition of Arrowrock Supply of Boise, Idaho from Davis-Jones Inc. AMCON will continue to serve Arrowrock customers from Arrowrock's Boise, Idaho distribution center. Upon completion of this acquisition, AMCON will be servicing approximately 8,000 locations from 14 distribution facilities in 34 states. The transaction is expected to close in the Company's second quarter of fiscal 2025, subject to customary closing conditions.