Argosy boosts equity with new shares under dividend reinvestment plan

Argosy Property Limited ( (IGPYF) ) has shared an update.

Argosy Property Limited has issued 4,565,772 new fully paid ordinary shares under its dividend reinvestment plan, at a price of $1.0969 per share, funded through the reinvestment of shareholder dividend proceeds. The issue, approved by the board in February and completed on 25 March 2026, represents about 0.53% of shares on issue and lifts the total number of ordinary shares to 873,474,922, modestly strengthening Argosy’s equity base while providing investors an option to compound their holdings without cash outlay.

More about Argosy Property Limited

Argosy Property Limited is a New Zealand-based real estate investment company focused on owning and managing a diversified portfolio of commercial properties. Its primary assets are ordinary shares listed on the NZX under the ticker ARG, giving investors exposure to the domestic property market.

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