Genesis Energy sets DRP strike price for 2025 final dividend

Genesis Energy has announced the strike price for shares issued under its Dividend Reinvestment Plan (DRP) for the 2025 final dividend. The issue price has been set at NZ$2.2929 per share.

This price was determined in accordance with the DRP terms, utilizing the volume weighted average sale price of Genesis Energy shares on the NZX Main Board over a five-business-day period commencing on 24 September 2025, with a 2.5% discount applied.

Shareholders who opted to participate in the DRP will receive new shares instead of cash for the dividend payable on 10 October 2025. These newly issued shares will hold equal rank with existing shares from their issue date.