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An announcement from Meridian Energy Limited ( (MDDNF) ) is now available.
Meridian Energy Limited has announced the strike price for its 2025 Final Ordinary Dividend under the Dividend Reinvestment Plan (DRP) at NZ$5.6580 per share. This price was determined based on the volume weighted average sale price on the NZX Main Board, with a 2% discount applied. Shareholders participating in the DRP will receive shares instead of cash for the dividend on 23 September 2025, which may impact the company’s cash flow and shareholder equity structure.
More about Meridian Energy Limited
Meridian Energy Limited is a New Zealand-based company listed on the NZX and ASX, operating in the energy sector. The company focuses on generating and retailing electricity, primarily from renewable sources, and serves both residential and commercial customers.
Find detailed analytics on MDDNF stock on TipRanks’ Stock Analysis page.