2 Cheap Cars has issued a corrected version of its dividend distribution notice, changing the dividend payment date to June 19, 2025.
The original notice, released alongside the company's full-year results, incorrectly listed June 20, 2025, as the payment date.
This date falls on Matariki, a public holiday, and is not a business day.
2 Cheap Cars Group clarified that this update does not impact any other terms of the dividend distribution.
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Lower bond yields have helped drive the NZ sharemarket sharply higher at the close.
New Zealand’s continued economic downturn, a sharp fall in immigration and consequent softer market demand has driven a 47% drop in profit for 2 Cheap Cars.The company reported total revenue of $81.9 million with 7675 cars sold in the year to March 31, down 6% compared to $86.7m...
The raise will help the medtech company continue operations for another year.
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