So I hold BBUS shares and today 1st July they issued this DRP thing which from what I can understand is different to a Dividend reinvestment plan (which I can find plenty of info on) Basically the share price went down about 10% overnight and it seems I am being issued cash about 10% (to come in a few weeks).
Could anyone explain why ? What was the reason for reducing the share price and distributing that money to share holders ?
Could anyone explain why ? What was the reason for reducing the share price and distributing that money to share holders ?
Thanks!
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