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Seeka Limited ( (NZ:SEK) ) has provided an update.
Seeka Limited has set the strike price for shares issued under its Dividend Reinvestment Plan at $4.8061 per share for the dividend payable on 15 April 2026. The price was determined using the volume weighted average price of SEK shares traded on the NZX between 19 March and 10 April 2026, adjusted to include a 2.0% discount.
Shareholders who have opted into the Dividend Reinvestment Plan will receive additional Seeka shares instead of a cash dividend, with these new shares ranking pari passu with existing stock. The move reinforces Seeka’s capital management strategy by encouraging equity reinvestment, potentially strengthening the company’s balance sheet while giving investors an incentive to accumulate more shares at a modest discount.
More about Seeka Limited
Seeka Limited, listed on the NZX under ticker SEK, operates in New Zealand’s horticulture and agribusiness sector, focusing on growing, packing, and marketing produce such as kiwifruit. The company services both domestic and export markets, providing integrated post-harvest and supply-chain solutions for growers and customers.
Average Trading Volume: 29,809
Technical Sentiment Signal: Strong Buy
Current Market Cap: N$200.2M
Find detailed analytics on SEK stock on TipRanks’ Stock Analysis page.