Mercury sets dividend reinvestment plan strike price at NZ$6.6840
Mercury has set the strike price for its FY2025 final ordinary dividend under the company's Dividend Reinvestment Plan (DRP) at NZ$6.6840 per share. This price dictates the rate at which shares will be transferred to participating shareholders.
The strike price was determined by calculating the average daily volume-weighted average sale price of shares traded on the NZX Main Board over five trading days, commencing 8 September 2025, and applying a 2.0% discount. Shareholders who have elected to participate in the DRP will receive shares instead of a cash payment for the FY2025 final ordinary dividend, which is payable on 30 September 2025.
Mercury is a producer of electricity from 100% renewable sources, including hydro, geothermal, and wind. The company also retails electricity, gas, broadband, and mobile services. It is listed on both the New Zealand Stock Exchange and the Australian Stock Exchange, with the New Zealand Government holding a legislated minimum 51% shareholding.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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