Challenger sets DRP price and share allotment for 2025

Challenger Limited (ASX:CGF) revealed that the issue price for its final 2025 Dividend Reinvestment Plan (DRP) is $8.3615 per share. This price was determined by averaging the daily volume-weighted average share prices over ten trading days, from August 29 to September 11, 2025.

To satisfy the DRP requirements, Challenger will issue 265,790 new ordinary shares to participants. These shares are scheduled for issuance on September 18, 2025. This announcement was authorized by Challenger's Continuous Disclosure Committee.

Challenger Limited is an investment management firm focusing on providing financial security for retirement. The company operates a fiduciary Funds Management division and an APRA-regulated Life division, with Challenger Life Company Limited being Australia's largest provider of annuities.