Channel Infrastructure Issues New Shares Under Dividend Reinvestment Plan

An update from Channel Infrastructure NZ Limited ( (NZRFF) ) is now available.

Channel Infrastructure NZ Limited has issued 2,190,932 new fully paid ordinary shares at NZ$2.7355 per share under its Dividend Reinvestment Plan, linked to the FY25 full-year dividend payable on 26 March 2026. The new shares, which represent about 0.53% of shares on issue, rank equally with existing ordinary shares and lift the company’s total shares on issue to 414,389,163, modestly bolstering equity capital while providing shareholders an option to reinvest dividends rather than receive cash.

The capital change has been implemented under a board resolution dated 26 February 2026 and in accordance with NZX and ASX listing rules, with the new securities to be quoted on both exchanges as part of the existing CHI ordinary share class. This routine DRP issuance underscores the company’s ongoing use of dividend reinvestment to support its balance sheet and maintain market liquidity, with minimal dilution given the relatively small proportion of new shares issued.

More about Channel Infrastructure NZ Limited

Channel Infrastructure NZ Limited, listed on NZX and ASX under ticker CHI, operates in the energy infrastructure sector and issues ordinary shares as its primary listed security. The company offers a Dividend Reinvestment Plan that allows shareholders to reinvest cash dividends into fully paid ordinary shares, supporting ongoing capital management and shareholder participation.

Learn more about NZRFF stock on TipRanks’ Stock Analysis page.