The DRP gives shareholders a way to increase their shareholding in CSR by reinvesting all or part of their dividend entitlements in more shares rather than being paid in cash.
The DRP will be in operation for the full year dividend to be paid on 9 July 2013..
Shareholders can reinvest all or part of their dividend entitlements in more shares rather than being paid in cash.
For the final dividend, shares are acquired on-market and transferred to participants to satisfy any shares to be issued under the DRP.
DRP shares are allocated to participants at the arithmetic average of the daily VWAP of shares sold on ASX’s trading platform (including the closing single price auction but excluding all off-market trades) on each day over a period of 10 trading days commencing on the second trading day after the dividend record date (13 June 2013).
No discount will apply to shares issued under the DRP.
A copy of the new DRP Terms and Conditions can be viewed by the link below.
Dividend Reinvestment Plan Terms and Conditions 2011
DRP Form - May 2011
It should be noted that those shareholders who participated in a previous DRP offered by CSR must still complete a new election notice to participate in the new DRP.
To participate in the DRP for the final dividend for the year ended 31 March, shareholders needed to have completed and returned an election notice to CSR’s share registry, Computershare, by 5.00pm Sydney time on 13 June 2011.
For further information please contact Computershare on the details below:
Computershare Investor Services Pty Limited GPO Box 2975 Melbourne VIC 3001 Australia Telephone (within Australia) 1800 676 061 International +61 3 9415 4033 Facsimile (03) 9473 2500 Email email@example.com
The following Dividend Reinvestment Plan "DRP" expired on 12 October 2009.
Dividend Reinvestment Plan Terms and Conditions
Summary of the CSR Dividend Reinvestment Plan