Dividend reinvestment plan strike price
GENERAL
Thu, Mar 13 2025 09:14 am
Meridian Energy Limited advises that the price at which shares will be issued for the 2025 Interim Ordinary Dividend under the Company’s Dividend Reinvestment Plan (DRP) is NZ$5.3695 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 March 2025, less a 2% discount.
Shareholders who have elected to participate in the DRP, will receive shares, instead of cash, in respect of the 2025 Interim Ordinary Dividend on 25 March 2025.
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