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Genesis Energy Issues New Shares Under DRP
Company Announcements

Genesis Energy Issues New Shares Under DRP

Genesis Energy Limited (DE:1G6) has released an update.

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Genesis Energy Limited has issued 8,563,483 new ordinary shares under its Dividend Reinvestment Plan at a price of $2.0786 per share, following the final dividend for the fiscal year ending on 30 June 2024. This capital change represents a 0.79% increase in the total number of financial products of the class, bringing the total to 1,091,147,210 shares. The company is a major New Zealand energy retailer and generator with a revenue of $NZ3.0 billion in the last year.

For further insights into DE:1G6 stock, check out TipRanks’ Stock Analysis page.

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