Stride to split company into stapled structure to improve dividends
The new structure will allow Stride to expand its management arm while preserving its favourable PIE tax status. With special feature audio.
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Hawke’s Bay
Stride Property [NZX: STR] expects the split of its property-owning unit from its investment management arm in a stapled structure will improve returns to shareholders.
The Auckland-based property company will call a special meeting to ask shareholders to approve a new structure, splitting
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Sally Lindsay
Tue, 31 May 2016
Tue, 31 May 2016
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Stride to split company into stapled structure to improve dividends
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