TG Smart Energy announced that on October 16, 2026, it allotted and issued 1.103 million new shares under the scrip dividend scheme relating to the interim dividend for the six months ended June 30, 2026.
The scrip dividend arrangement allows shareholders to elect to receive new shares in lieu of cash dividends, providing flexibility in how they receive their returns.
The issuance of these new shares is part of the company's ongoing efforts to manage its capital structure and engage with shareholder preferences.
TG Smart Energy continues to focus on its sustainable energy initiatives and long-term growth strategy.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments