Dividend reinvestment plan strike price
GENERAL
Wed, Sep 13 2023 08:30 am
Meridian Energy Limited advises that the price at which shares will be issued for the 2023 Final Ordinary Dividend under the Company’s Dividend Reinvestment Plan (DRP) is NZ$5.1962 per share.
The issue price has been determined, in accordance with the DRP, as the volume weighted average sale price for a share, calculated on all sales of shares which took place through the NZX Main Board over a period of five business days starting on 6 September 2023.
Shareholders who have elected to participate in the DRP, will receive shares, instead of cash, in respect of the 2023 Final Ordinary Dividend on 22 September 2023.
Announcement PDF
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