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URW Announces Cash Distribution and Conversion Deferral

Unibail-Rodamco-Westfield SE Stapled Security Chess Depository Interests Repr 0.05 Sh (AU:URW) has released an update.

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Unibail-Rodamco-Westfield SE has announced a cash distribution of €2.50 per share from its ‘Additional paid-in capital’ account, set for May 16, 2024, with a record date of May 15. The company has received waivers from the Australian Securities Exchange to defer conversions between its stapled shares and CDI registers from May 9 to May 15, 2024. This measure aims to prevent inappropriate access to the distribution and ensure orderly conversion processes between Europe and Australia.

For further insights into AU:URW stock, check out TipRanks’ Stock Analysis page.

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