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Meridian Energy Issues Shares Under Dividend Plan
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Meridian Energy Issues Shares Under Dividend Plan

Meridian Energy Limited (MDDNF) has released an update.

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Meridian Energy Limited has reported the issuance of 18,204,174 ordinary shares as part of its Dividend Reinvestment Plan, relating to the 2024 Final Ordinary Dividend. This capital change represents a 0.7032% increase in the total shares outstanding, with the new issue price set at $5.9452 per share. Following this, the total number of ordinary shares excluding treasury stock is 2,606,798,618, with 1,865,008 shares held as treasury stock.

For further insights into MDDNF stock, check out TipRanks’ Stock Analysis page.

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