Iluka Resources Limited ( (AU:ILU) ) has provided an announcement.
Iluka Resources Limited has announced the allocation price for shares issued through its Dividend Reinvestment Plan (DRP) for the 2024 Final Dividend at $4.1563. This price was calculated based on the average daily volume-weighted average price of Iluka shares over a specified period. A total of 72,718 shares were issued to DRP participants, representing 1.75% of shares on issue, with 10.63% of shareholders opting to participate. This move reflects Iluka’s ongoing commitment to shareholder value and provides an opportunity for investors to reinvest dividends into the company’s growth.
More about Iluka Resources Limited
Iluka Resources Limited is a company that operates in the mining industry, primarily focusing on mineral sands exploration, project development, operations, and marketing. The company is known for its production of zircon and titanium dioxide products, which are essential components in various industrial applications.
YTD Price Performance: -13.11%
Average Trading Volume: 2,762
Technical Sentiment Signal: Buy
Current Market Cap: $1.15B
For an in-depth examination of ILU stock, go to TipRanks’ Stock Analysis page.