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Contact Energy Limited ( (COENF) ) has provided an announcement.
Contact Energy Limited has announced the issuance of new shares as part of its acquisition of Manawa Energy Limited. This move, under the Scheme Implementation Agreement, involves the quotation of 182,463,190 ordinary fully paid foreign exempt shares on the NZX, marking a significant step in the company’s strategic growth and market positioning.
More about Contact Energy Limited
Contact Energy Limited operates in the energy sector, primarily focusing on the generation and retailing of electricity and natural gas. The company is a significant player in the New Zealand energy market, providing a range of energy solutions to residential, commercial, and industrial customers.
Learn more about COENF stock on TipRanks’ Stock Analysis page.