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Summerset Announces Dividend Reinvestment Plan Details

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Summerset Announces Dividend Reinvestment Plan Details

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Summerset Group Holdings Limited ( (DE:20S) ) just unveiled an announcement.

Summerset Group Holdings Limited has set the strike price for its dividend reinvestment plan at NZ$10.7323 per share, which includes a 2% discount. This price will determine the number of shares issued to participants opting for shares instead of cash. Additionally, the foreign exchange rate for Australian investors receiving dividends in AUD is set at 0.89815, based on the Reserve Bank of New Zealand’s rate.

More about Summerset Group Holdings Limited

Summerset Group Holdings Limited operates in the retirement village industry, providing housing and care services for the elderly. The company focuses on developing and managing retirement communities across New Zealand and Australia.

For an in-depth examination of 20S stock, go to TipRanks’ Overview page.

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