Meridian Energy Limited ( (MDDNF) ) has shared an update.
Meridian Energy Limited announced the strike price for its 2025 Interim Ordinary Dividend under the Dividend Reinvestment Plan (DRP) at NZ$5.3695 per share. This price reflects a 2% discount on the volume weighted average sale price of shares traded on the NZX Main Board over a specified period. Shareholders participating in the DRP will receive shares instead of cash for the dividend, potentially impacting shareholder value and company liquidity.
More about Meridian Energy Limited
Meridian Energy Limited is a New Zealand-based company listed on the NZX and ASX stock exchanges. It operates in the energy sector, focusing on the generation and retailing of electricity, with a strong emphasis on renewable energy sources.
YTD Price Performance: 0.45%
Average Trading Volume: 1,434
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $8.21B
For a thorough assessment of MDDNF stock, go to TipRanks’ Stock Analysis page.
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