The latest announcement is out from Challenger Limited ( (AU:CGF) ).
Challenger Limited announced the issue price for its interim 2025 Dividend Reinvestment Plan (DRP) at $5.5314 per share, based on the average share prices over ten trading days. The DRP participation rate was 2% of issued capital, and the plan was neutralized by purchasing 352,203 ordinary shares worth approximately $2 million on the market, which were issued to DRP participants.
More about Challenger Limited
Challenger Limited is an investment management firm dedicated to providing financial security for retirement. It operates a fiduciary Funds Management division and an APRA-regulated Life division, with Challenger Life Company Limited being Australia’s largest provider of annuities.
YTD Price Performance: -15.54%
Average Trading Volume: 5,737
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.34B
For a thorough assessment of CGF stock, go to TipRanks’ Stock Analysis page.