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Genesis Energy Issues New Shares Under DRP
Company Announcements

Genesis Energy Issues New Shares Under DRP

Genesis Energy Limited (DE:1G6) has released an update.

Genesis Energy Limited announced the issue of 7,943,446 new ordinary shares under its Dividend Reinvestment Plan in relation to the 2024 Interim Dividend. This capital change increases the total number of company shares to 1,082,583,727, representing a 0.74% expansion of the total class of financial products. Genesis Energy is a major New Zealand energy company, serving around 500,000 customers and generating over $NZ2.4 billion in annual revenue.

For further insights into DE:1G6 stock, check out TipRanks’ Stock Analysis page.

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