Seeka Announces Dividend and Updates Dividend Policy

CORPACT
Wed, Feb 26 2025 12:28 pm

Seeka Ltd [NZX:SEK] has today declared a fully imputed dividend of 5 cents per share to be paid on 15 April 2025, with a record date of 20 March 2025. Seeka has also updated its Dividend Policy.

The company advises that the dividend reinvestment plan (DRP) will apply to this dividend and the strike price for conversion of cash dividends into shares under the DRP will be determined based on the VWAP share price over 15 business days from and including the ex-date. A 2% discount will be applied to the VWAP.

Seeka will announce its audited financial results for the year ended 31 December 2024 tomorrow, followed by an analyst briefing presentation to be held by Zoom at 10am on Monday 3rd March 2025.

There is no need to pre-register for the webinar, you can join by clicking the link in the attachment, and questions can be asked by clicking on the “Q&A” button on the bottom of the screen.

The Distribution Notice and the updated Dividend Policy is attached.

Release ends:

For further information please contact:

Michael Franks
Seeka Chief Executive Officer
+64 21 356 516

Nicola Neilson
Seeka Chief Financial Officer
+64 21 841 606


Announcement PDF


Markets News

Westpac Bank’s Eckhold says April cut likely wrong move
Economy

Westpac Bank’s Eckhold says April cut likely wrong move

Economists are widely expecting a 25 bps rate cut next week. 

Primary Sector

The simple strategy behind Dairyworks

Is New Zealand still fixated on the 1kg block of cheese?

The simple strategy behind Dairyworks
Retail

Trump-era FX 'compounding' margin losses, analysts say

"Liberation day" could make matters worse, says Kiwibank’s Kerr.

Trump-era FX 'compounding' margin losses, analysts say