Grindrod Shipping Holdings (GRIN) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Grindrod Shipping Holdings Ltd. has announced a Selective Capital Reduction plan, offering shareholders $14.25 in cash for each share they hold, other than those owned by Good Falkirk (MI) Limited. An extraordinary general meeting is scheduled for June 20, 2024, to discuss and vote on the proposal, and shareholders must register to participate by June 17. Detailed information regarding the Selective Capital Reduction and voting instructions are available on the company’s website.
For further insights into GRIN stock, check out TipRanks’ Stock Analysis page.