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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
5 mins to read

Shareholders’ Association gives NZME special dividend a tick

But retail shareholders were disadvantaged by share buyback, it says.

NZSA chief executive Oliver Mander.

Dita De Boni Mon, 20 Jun 2022

The New Zealand Shareholders’ Association is favourably disposed to listed media company NZME’s intention to pay out a special dividend, saying it was fairer to retail investors than a share buyback.

NZME said this morning it would be offloading capital in July by way of a special dividend of 5c

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Dita De Boni Mon, 20 Jun 2022
Contact the Writer: dita@nbr.co.nz
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Shareholders’ Association gives NZME special dividend a tick
Investment,
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