A UDRP is a dividend reinvestment plan in which the underwriter purchases sufficient shares at the issue price to ensure a minimum guaranteed participation or level of dividends that will be reinvested in the firm in accordance with the terms of the underwriting agreement. UDRPs enable firms to increase their dividend payout without depleting capital reserves.
Ann: Underwritten DRP for FY18 Final Dividend, page-5
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Last
61.0¢ |
Change
-0.020(3.17%) |
Mkt cap ! $73.69M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 60.0¢ | $53.12K | 87.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11787 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 2007 | 2 |
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| Last trade - 11.51am 18/11/2024 (20 minute delay) ? |
| PNC (ASX) Chart |
