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VGI Partners Ltd. ( (AU:RPL) ) has shared an update.
Regal Partners Limited has announced an update regarding its dividend distribution, confirming the Dividend Reinvestment Plan (DRP) price. The company, which acquired PM Capital Limited in December 2023, will ensure that converting redeemable preference shares issued during this acquisition will rank equally with ordinary shares concerning dividends. These dividends will be paid in cash on deferred converting shares, while dividends on contingent converting shares will be reinvested to acquire additional shares under the DRP. This announcement highlights Regal Partners Limited’s commitment to maintaining equitable shareholder treatment and potentially enhances shareholder value through reinvestment opportunities.
The most recent analyst rating on (AU:RPL) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on VGI Partners Ltd. stock, see the AU:RPL Stock Forecast page.
More about VGI Partners Ltd.
Average Trading Volume: 1,018,248
Technical Sentiment Signal: Hold
Current Market Cap: A$954.4M
See more data about RPL stock on TipRanks’ Stock Analysis page.