2021 Investor Day
Strategic capital allocation framework
Capital deployed over last 3 years
(through June 30, 2021)
Higher
priority
33%
1%
$2.0B
36%
■ Reinvest in R&D
■ M&A
■ Dividends
■ Share repurchase
30%
Lower
priority
Reinvest for
growth
Reinvest in product development for
high-return organic growth
7% of FY 2021 revenue invested in R&D
Pursue M&A
Actively evaluate potential acquisitions
Pursue targets aligned with long-term
strategic goals and financial objectives
Support dividends
•
Regular return of cash to shareholders
through dividend at a level that is
meaningful and sustained
Opportunistically
repurchase shares
Opportunistic repurchase of shares
Current program suspended following
acquisitions of MatrixCare and Propeller
© 2021 ResMed | 2021 Investor Day – Sept 8, 2021
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Disciplined focus on ROIC and delivering total return
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