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London City Equities Ltd ( (AU:LCE) ) has provided an announcement.
London City Equities Limited has announced the issue price for its Dividend Reinvestment Plan (DRP) for 2025, set at 80.0 cents per new ordinary share. This price was determined based on the company’s DRP rules, considering current share trading levels and net assets, with no discount applied for this year. The new shares are expected to be issued within two weeks and will have equal standing with existing shares, reflecting the company’s stable financial strategy and commitment to shareholder value.
More about London City Equities Ltd
Average Trading Volume: 2,259
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$25.04M
Find detailed analytics on LCE stock on TipRanks’ Stock Analysis page.