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 interim dividend to be paid on 7 December 2023.
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 on 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 16 November 2023.
No discount will apply to the shares issued under the DRP.
DRP Pricing
Current DRP
| December | $5.8996 | Interim |
|---|---|---|
| July | $5.0399 | Final |
| December | $4.8177 | Interim |
|---|---|---|
| July | $4.2867 | Final |
| December | $5.9568 | Interim |
|---|---|---|
| July | $6.0067 | Final |
| December | $4.8409 | Interim |
|---|---|---|
| July | N/A | Final |
| December | $4.6803 | Interim |
|---|---|---|
| July | $3.9839 | Final |