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NewRiver REIT ( (GB:NRR) ) has issued an announcement.
NewRiver REIT plc has announced the allotment of 585,585 Ordinary Shares to be admitted to the Official List of the Financial Conduct Authority and the London Stock Exchange. This issuance is part of the company’s Scrip Dividend Scheme related to the interim dividend for the six months ending 30 September 2024. The newly issued shares will hold the same rights as the existing ordinary shares, which indicates a strategic move to enhance shareholder returns through dividends, reflecting positively on NewRiver’s financial strategies.
More about NewRiver REIT
YTD Price Performance: -3.14%
Average Trading Volume: 606,567
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £337.1M
See more insights into NRR stock on TipRanks’ Stock Analysis page.