IAG announces DRP price for ordinary dividend
Insurance Australia Group Limited (IAG) today confirmed the DRP Volume Weighted Average Price (VWAP) for its ordinary dividend at AUD 8.67430. This update to the previous announcement specifies the pricing for shares acquired through the DRP for the dividend relating to the six months ending June 30, 2025. The DRP pricing period ran from August 27 to September 9, 2025, with DRP securities to be issued on September 18, 2025.
The ordinary dividend amount remains at AUD 0.19000000 per security. This dividend is 40.0000% franked, with a franked amount of AUD 0.07600000 per security and an unfranked amount of AUD 0.11400000 per security, representing 60.0000% of the dividend. The record date for the dividend was August 22, 2025, with an ex-date of August 21, 2025, and payment is scheduled for September 18, 2025.
Participation in the DRP is voluntary, with the default option being cash payment for shareholders who do not elect to participate. The DRP has no discount rate (0.0000%) and no minimum or maximum participation requirements. The last date for lodging election notices to the share registry was August 25, 2025.
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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