Investor centre
Listed on both the NZX and ASX, the Meridian Group is one of New Zealand’s largest listed companies.
Making power matter
As Aotearoa’s largest renewable electricity generator Meridian has the scale and the resources to help secure a clean energy future, where all New Zealanders thrive.
Generating affordable, clean, renewable power is key to a more equitable and sustainable future and our goal is to make the renewable energy we generate as accessible as possible to households, businesses and industries.
Meridian Energy share price
- NZX share price
- ASX share price
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Key dates and events
Calendar of key dates including when monthly operating reports and interim results are released.
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Dividends
Information about dividend policy and payments.
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Reports and presentations
Access annual, interim and operating reports as well as shareholder information and other pertinent information.
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Governance
The Board has a commitment to creating and delivering shareholder value through the effective governance of Meridian.
Green finance
To recognise our commitment, leadership and investment in renewable energy, we have designed a Green Finance Programme covering both existing and future issuances of debt instruments.
Sustainability defines who we are
Meridian’s commitment to sustainability leadership is concentrated on areas where we know we can make a meaningful difference. Our sustainability framework focuses on two of the United Nations’ Sustainable Development Goals – SDG7 Affordable and Clean Energy, and SDG13 Climate Action.
Learn more
Latest news
Sign up to receive alerts when Meridian releases investor news to the NZX
Investor news
Meridian and NZ Windfarms to repower Te Rere Hau wind farm
Meridian and NZ Windfarms have agreed to form a 50-50 joint venture to repower and
extend the Te Rere Hau wind farm. The project involves the design, construction and
operation of up to 39 new turbines with generation capacity of up to 170 MW.
Frequently asked questions
Information Fact Sheet about Meridian Shares
I own Meridian shares and/or bonds. How do I manage these?
For example changing personal details or my payment instructions.
Please contact our share and bond registrar:
- Phone: +64 9 488 8777
- Fax: +64 9 488 8787
- Email: enquiry@computershare.co.nz
- Address: Private Bag 92119, Victoria Street West, Auckland 1142
- Phone: +61 3 9415 4083 or 1 800 501 366
- Email: enquiry@computershare.co.nz
- Address: GPO Box 2975, Melbourne, VIC 3001, Australia
You can also access your portfolio online at Computershare’s Investor Centre: www-au.computershare.com/Investor
Who can I contact at Meridian with a general investor enquiry?
Please contact:
Owen Hackston
Investor Relations Manager
Phone: +64 4 382 7496
Email: investors@meridianenergy.co.nz
How do I buy or sell shares or bonds in Meridian Energy?
To buy or sell shares or bonds in New Zealand, you will need to speak to a financial adviser or a broker who is an NZX Participant firm. You can find a list of NZX Participant firms at https://www.nzx.com/services/market-participants/find-a-participant
To buy or sell shares on the Australian market, contact a broker at an ASX Participant firm. You can find a list of them on the ASX website: www.asx.com.au/prices/find-broker.htm
Where are Meridian’s securities quoted?
Ordinary shares are quoted on the NZX under the ticker code ‘MEL’ and on the ASX under the ticker code ‘MEZ’.
You can find our retail bonds on the NZX under the ticker codes ‘MEL040’ (maturing in March 2024), ‘MEL050' (maturing in June 2025) and 'MEL060' (maturing in September 2028).
You can also get up-to-date share prices online: www.meridianenergy.co.nz/investors
Do shareholders have to be New Zealand residents?
No.
I am a bondholder, when is interest paid to me?
Interest is paid twice each year for each bond - in March and September (for MEL040 and MEL060) and in June and December (for MEL050).
I am a shareholder, when are dividends paid to me?
Dividend payments are expected to be split into an interim dividend paid each March and a final dividend paid in September each year. When Meridian declares a dividend, the actual payment date is then confirmed.
What is meant by an imputed dividend?
Imputation is a mechanism that a company can use to pass on credits for tax it has paid on its profits, to its shareholders when it pays them dividends. These imputation credits offset the amount of tax that the resident shareholders would otherwise be liable to pay on those dividends, so they don't have to pay "double tax".
What currency does Meridian pay dividends in?
We pay dividends in New Zealand dollars to New Zealand resident holders and holders in other countries, except Australian resident holders who are paid in Australian dollars.
What are supplementary dividends and who gets this?
A supplementary dividend is a credit passed on by the payer of an imputed dividend to non-resident investors to offset the effects of double taxation (where the non-resident is subject to both company income tax and non-resident withholding tax).
What are record dates and ex-dividend dates?
A record date is the date on which an Issuer closes its register for the determination of eligible Investors for a dividend or interest payment or any other Corporate Action. Shares purchased after the record date do not participate in the dividend.
An ex-dividend date is the "cut-off" date for a registered shareholder and being eligible to receive the next dividend. From this date, new shareholders will not participate in the next dividend.
The NZX operates on a two day settlement cycle, so a dividend with a record date of 30 September 2016 has an ex-dividend date of 29 September 2016.
When does Meridian report its results?
Our financial year ends on 30 June, with the annual results, an Integrated Report and a shareholder letter released each August.
Each February, we also release interim results and a shareholder letter for the six months to December.
Each month we also release a monthly operating report.
Where can I get a copy of Meridian's latest Integrated Report and other reports?
Does Meridian send shareholders the Integrated Report and other reports?
As a shareholder you can elect to receive a copy of Meridian Interim Results and the Integrated Report and shareholder letters. Please contact Computershare to select or update your communication preferences:
- Phone: +64 9 488 8777
- Email: enquiry@computershare.co.nz
- Address: Private Bag 92119, Victoria Street West, Auckland 1142
- Phone: +61 3 9415 4000 or 1 300 850 505
- Email: enquiry@computershare.co.nz
- Address: GPO Box 2975, Melbourne, VIC 3001, Australia
You can also select or update your communication preferences online at Computershare’s Investor Centre: www-au.computershare.com/Investor
Monthly operating reports and results and other investor presentations
When and where is the next Annual Shareholders Meeting?
Meridian generally holds its Annual Shareholder Meeting in October each year. Details of each Annual Shareholder Meeting is provided in a Notice of Meeting, which is published around a month ahead of the Meeting.
Please see our Investor calendar for other upcoming dates.
Where can I find Meridian’s announcements and releases to the NZX and ASX?
Head over to our Media Centre, or you can see all our releases on the NZX and ASX websites.
Can I contact the Board of Directors?
Yes, please send your enquiry via:
Owen Hackston
Investor Relations Manager
Phone: +64 4 382 7496
Email: investors@meridianenergy.co.nz