News (ASX:NWS) obtained a waiver to pause processing of conversions between the US Common Stock and CHESS Depository Interests registers to ensure fair dividend treatment for all security holders, according to a Tuesday filing with the Australian bourse.
The company previously disclosed that Sept. 9 will be the record date for the purpose of determining dividend entitlements for the semi-annual dividend to be paid on Oct. 7, the filing said.
Shares rose 2% in morning trade Tuesday.