tiprankstipranks
Company Announcements

BKI Appoints Morgans Financial for DRP Share Purchase

Story Highlights

Discover the Best Stocks and Maximize Your Portfolio:

BKI Investment Co. Ltd. ( (AU:BKI) ) has issued an announcement.

BKI Investment Company Limited announced that Morgans Financial Limited has been appointed to conduct an on-market purchase of shares to fulfill obligations under the Dividend Reinvestment Plan (DRP). The shares will be priced at the volume-weighted average price over a specified trading period. Participants in the DRP are not required to take any action as BKI will ensure the completion of share allocations either through purchase or issuing new shares, ensuring seamless operations and maintaining investor confidence.

More about BKI Investment Co. Ltd.

BKI Investment Company is a research-driven, listed investment company that focuses on long-term investments in profitable, high-yielding, and well-managed companies. Listed on the Australian Stock Exchange, BKI provides shareholders with access to a diversified Australian equity portfolio managed by Contact Asset Management.

YTD Price Performance: 1.69%

Average Trading Volume: 333,935

Technical Sentiment Consensus Rating: Strong Sell

For a thorough assessment of BKI stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1