Jan 14 (Reuters) - Australian steelmaker BlueScope Steel BSL.AX said on Wednesday it would return A$438 million ($292.54 million) to its shareholders through a special dividend of A$1 per share, funded by surplus cash from recent initiatives.
($1 = 1.4972 Australian dollars)
(Reporting by Rajasik Mukherjee; Editing by Alan Barona)
((Rajasik.Mukherjee@thomsonreuters.com))