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Marlin Global Ltd. ( (NZ:MLN) ) has provided an announcement.
Marlin Global Limited has issued 2,080,444 new ordinary shares at $0.8103 per share under its Dividend Reinvestment Plan, with the new shares ranking equally with existing ordinary shares. The issuance represents about 0.92% of the company’s ordinary shares on issue and lifts the total number of ordinary shares on issue to 229,362,421, marginally diluting existing holdings while reinforcing shareholder participation in the reinvestment scheme.
More about Marlin Global Ltd.
Marlin Global Limited is a New Zealand-listed investment company trading under the NZX ticker MLN. It issues ordinary shares in New Zealand dollars and operates a Dividend Reinvestment Plan, allowing shareholders to receive new fully paid shares instead of cash dividends.
Average Trading Volume: 105,664
Technical Sentiment Signal: Hold
Current Market Cap: N$187.3M
See more insights into MLN stock on TipRanks’ Stock Analysis page.