Domain name and hosting supplier Melbourne IT (ASX:MLB) has revealed it will allot shares under its dividend reinvestment plan at the price of $1.946 per share.
The company will allocate the shares on the dividend payment date of October 15.
Melbourne IT said the price – the weighted average of its shares in the five days from September 13 to September 17 - has not been discounted, and has been rounded to four decimal places.
MLB shares are today trading unchanged at $1.930.
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