Fletcher Building Limited (FRCEF) has released an update.
Fletcher Building Limited has announced the opening of its Retail Entitlement Offer, aiming to raise approximately NZ$418 million by inviting eligible retail shareholders in New Zealand and Australia to purchase new shares at NZ$2.40 each. Shareholders have until October 8, 2024, to participate in the offer, with any unclaimed entitlements set to lapse without value. The company emphasizes the importance of shareholders reviewing the offer documents and seeking professional advice before participating.
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