tiprankstipranks

Summerset Announces Dividend Reinvestment Plan Details

Story Highlights
Summerset Announces Dividend Reinvestment Plan Details

Summerset Group Holdings Limited ( (DE:20S) ) has shared an update.

Summerset Group Holdings Limited has set the strike price for its dividend reinvestment plan at NZ$11.18513200 per share, which includes a 2% discount. This price will determine the number of shares issued to participants opting for shares instead of cash dividends. Additionally, the foreign exchange rate for Australian investors receiving the dividend in AUD has been set at 0.90715, impacting the conversion of dividend payments for these stakeholders.

More about Summerset Group Holdings Limited

Summerset Group Holdings Limited operates in the retirement village industry, providing a range of services and accommodations for retirees in New Zealand and Australia. The company focuses on developing and managing retirement communities, offering independent living, care services, and various amenities to its residents.

YTD Price Performance: -16.04%

Average Trading Volume: 808

Technical Sentiment Signal: Buy

Current Market Cap: €1.43B

See more data about 20S stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App