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Unite Group PLC Issues New Shares for Scrip Dividend
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Unite Group PLC Issues New Shares for Scrip Dividend

Unite Group plc (GB:UTG) has released an update.

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Unite Group PLC has announced the results of its scrip dividend election for the 2024 interim dividend, with 6,748,235 shares opting for the scheme, leading to the issuance of 70,607 new shares at 952.30 pence each. These shares are set to be admitted for trading on the London Stock Exchange on November 1, 2024, increasing the total number of shares to 488,792,074. This move reflects continued shareholder interest and could impact future trading dynamics.

For further insights into GB:UTG stock, check out TipRanks’ Stock Analysis page.

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