Meridian Energy Limited (MDDNF) has released an update.
Meridian Energy Limited has announced a capital change involving the acquisition of 186,858 ordinary shares at a price of NZD $5.8479 each. This move is part of their long-term incentive scheme to reward participants with shares, enhancing shareholder value and market confidence. The acquisition represents a small percentage of their total shares, ensuring minimal dilution of existing stockholders’ interests.
For further insights into MDDNF stock, check out TipRanks’ Stock Analysis page.