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Scott Technology Limited ( (NZ:SCT) ) has shared an update.
Scott Technology has set the issue price for shares under its Dividend Reinvestment Plan at $2.229 per share, based on the volume weighted average price of its NZX Main Board trades between 1 and 5 May 2026, less a 1% discount. The company will fund DRP entitlements through the issuance of new shares, with allotment to occur on the 21 May 2026 dividend payment date, signalling a continued use of equity to support shareholder participation in its dividend programme without additional board adjustments to pricing.
More about Scott Technology Limited
Scott Technology is a global provider of smart automation and robotic solutions that help industrial customers improve safety, productivity and efficiency. With design and build operations across Australasia, China, Europe and America and more than a century of engineering experience, the company serves hundreds of leading brands as a specialist in advanced automation systems.
Average Trading Volume: 10,433
Technical Sentiment Signal: Buy
Current Market Cap: N$208.6M
See more data about SCT stock on TipRanks’ Stock Analysis page.