AIA - DRP Strike Price and AUD FX Rate for 1H25 dividend

Auckland International Airport Limited (Auckland Airport) advises that the strike price for the Dividend Reinvestment Plan (DRP) operating in respect of the dividend payable on 4 April 2025 has been set at NZ $7.6894 per share. The strike price is inclusive of a 2.5% discount.

The strike price will apply in calculating the number of shares to be issued to participants who have elected under the DRP to receive additional shares rather than cash. The strike price has been determined in accordance with the terms of the DRP and is calculated at 97.5% of the volume weighted average sale price of Auckland Airport shares sold on the NZX Main Board over a period of five business days starting 20 March 2025.

The company also advises that the foreign exchange rate used for the payment of the dividend on 4 April 2025 to Australian investors in AUD has been set at 0.9099. The company attaches an updated ASX Appendix 3A.1 Notification of Dividend/Distribution released to the ASX.

ENDS

• AIA - DRP Strike Price and AUD FX Rate for 1H25 interim dividend 
• Appendix 3A

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Mercury appoints new Chief Sustainability Officer
April 24th Morning Report
VCT - Operational performance for 9 months ended 31 March 2025
April 23rd Morning Report
TWR - Capital Return - ATO Class Ruling Obtained
THL - FY25 Trading Update
April 17th Morning Report
EBOS announces opening of Retail Offer
MCY - FY2025 EBITDAF guidance revised to $760m
April 16th Morning Report