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clock Created with Sketch. 30/03/16
09:09
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Originally posted by green_street
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Thanks for the correction. I think the plan could be better worded but your interpretation makes better sense than my first reading. My original statement was based on the fact that the plan continues "However, where the company cannot buy enough shares on-market within 20 trading days to satisfy the full amount of dividends payable, the remainder of the dividend will be applied to the issue of new shares or given to the shareholder in cash.
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No worries - I typically* avoid DRP myself, but was impressed with the approach and am very optimistic for the stock so I'm in.
(20min delay)