No plans to list on ASX, but Ryman may ask shareholders to reinvest divs

Thu, 13 Aug 2020

Ryman Healthcare is keen on pursuing growth across the Tasman but isn’t considering listing there, although it is mulling over whether to suggest shareholders might like to reinvest their dividends. That would be the first time Ryman has taken any money from shareholders since its 1999 float when it raised $25 million. The country’s biggest listed retirement village operator and developer, which has a market value of $6.28 billion, seeks to double underlying earnings every five years, and has high hopes for expanding its footprint in Vict...

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