Wind-up proposal ‘makes no sense’ says Trustpower
Alarm as consumer trust and 26% Trustpower shareholder plans radical restructure.
Hot Topic
EARNINGS
Plans by a consumer trust to wind itself up and stop paying dividend cheques to power customers in the Tauranga area “make no sense,” Tauranga-based Trustpower says.
Shares in the power company were down 4.6% to $5.65 on the news this morning, wiping $84 million off its market
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Tim Hunter
Thu, 25 Jan 2018
Thu, 25 Jan 2018
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Wind-up proposal ‘makes no sense’ says Trustpower
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