Meridian Energy Limited advises that the price at which shares will be issued for the 2025 Final Ordinary Dividend under the Company’s Dividend Reinvestment Plan (DRP) is NZ$5.6580 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 4 September 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 Final Ordinary Dividend on 23 September 2025.
The S&P/NZX 50 Index closed up 0.27% or 37.19 points.
ASB flagged the class action as a contingent liability.
“ANZ NZ will continue to defend its case. Our position hasn’t changed.”
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