Fortress Real Estate issues 19,451,831 shares under scrip dividend plan

Bitget2026/10/19 08:30

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Fortress Real Estate Investments retained R466.84 million through its scrip dividend, resulting in the issuance of 19,451,831 new FFB shares.
Shareholders holding 513,523,470 FFB shares, representing 39.9% of shares outstanding before the issue, elected to receive shares instead of cash.
The scrip option covered the 90.91 cents-per-share cash dividend for the year ended June 30, 2026.
The reference price was 2,400 cents per capitalisation share, bringing total FFB shares outstanding to 1,306,737,793.
New shares will be delivered on October 19, 2026; shareholders who made no election will receive cash dividends that day.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortress Real Estate Investments Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S605158), on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Fortress Real Estate issues 19,451,831 shares under scrip dividend plan

You may also like

Crypto prices