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Showing 1 - 5 of 5 results for "DRP"

Pinnacle to increase stake in Coolabah

KANIKA SOOD  |  MONDAY, 6 SEP 2021
... proceeds from its FY21 dividend reinvestment plan to buy the additional Coolabah stake. It expects to raise $32 million from the DRP which it says will be "primarily" used for the Coolabah stake. PNI has appointed Wilsons Corporate Finance will underwrite ...

Big four urged to pay up dividends

ALLY SELBY  |  TUESDAY, 14 APR 2020
... issued matching the dollar value of all the dividends that they pay. "For all those investors electing cash rather than the DRP, the company will still issue new shares which a broker will sell on market during the DRP pricing period. This allows the ...

ANZ considering buy-back with life insurance paycheck

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... recent half-year results, ANZ announced an intention to once again neutralise the impact of the Dividend Reinvestment Plan (DRP) through on-market share purchases. This purchase will run from May 18 to May 31, via a third party. ANZ has confirmed it ...

AMP restructures China Fund to reduce discount

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
... Connect trading platform to increase the fund's liquidity. It will also alter the current default dividend reinvestment plan (DRP) election to allow new investors to opt-in, rather than requiring them to opt-out. This is expected to reduce the impact ...

WAM Capital posts record profit

MARK SMITH  |  TUESDAY, 29 JUL 2014
... 2014). The final dividend will be paid on 17 October 2014 and will trade ex on 7 October 2014. The dividend reinvestment plan (DRP) will operate at a 2.5% discount for the final dividend. Chief executive Kate Thorley said: "The Company has continued ...
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