WilHort bonus
PA Auckland Tbe directors of Wilson and Horton, Ltd, have declared a two-for-three bonus share issue. The shares, to rank pari passu with existing shares, will qualify for the final dividend for the present 1985-86 year. The directors expected to maintain dividends at an annual rate of at least 9 per cent on the increased capital. The coming issue follows a bonus issue of one-for-four in March, 1984, a one-for-one bonus issue in January, 1985, and a cash issue of one-for-10 in July, 1985, and a bonus Issue of one-for-four in November, 1985.
Shares will trade exentitlement to the issue on March 18.
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Bibliographic details
Press, 28 February 1986, Page 16
Word Count
105WilHort bonus Press, 28 February 1986, Page 16
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