April 13, 2018 / 6:53 AM / 8 months ago

BRIEF-ANZ Bank New Zealand To Issue 3 Bln Ordinary Shares To ANZ Holdings NZ

April 13 (Reuters) - ANZ Bank New Zealand Ltd:

* ANB TO ISSUE 3 BILLION ORDINARY SHARES TO ITS IMMEDIATE SHAREHOLDER ANZ HOLDINGS NZ LTD AT AN ISSUE PRICE OF NZ$1.00 PER SHARE

* ANB WILL ALSO PAY NZ$3 BILLION OF DIVIDENDS ON ITS ORDINARY SHARES TO ANZH AT TIME OF SHARE ISSUES

* DIVIDENDS WILL REDUCE ANB’S RETAINED EARNINGS BY NZ$3 BILLION Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below