A tale of two capital returns, Meridian’s and Contact’s
Contact Energy chose to return capital to shareholders through a share buyback while Meridian Energy chose to pay special dividends. With special audio feature.
Jenny Ruth Fri, 26 Feb 2016
What’s the best method a company should use to return capital it doesn’t need to shareholders?
Two of New Zealand’s electricity retailers and generators, Meridian Energy [NZX:MEL] and Contact Energy [NZX: CEN], are currently demonstrating the results of two of the alternatives. Some of Meridian’s
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).