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 3 July 2018.
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 Friday 8 June 2018.
No discount will apply to shares issued under the DRP.
On 14 May 2014, the DRP Rules were amended to align them with recent changes to the dividend timetable set out in the Listing Rules. A copy of the new DRP Terms and Conditions can be viewed by the link below.
If you wish to participate in the DRP, please complete an election form (link above).
To participate in the DRP for the final dividend for the full year ended 31 March 2017 shareholders need to have completed and returned an election notice to CSR’s share registry, Computershare, by 5.00pm Sydney time on 5 June 2017.
If you are already a participant in the DRP your election will remain in effect and you do not need to do anything.
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
The previous Dividend Reinvestment Plan "DRP" rules can be viewed by the link below.