Rockpoint Gas Storage (RGSI.TO) Thursday after trade said it is implementing a dividend reinvestment and share purchase plan for its Class A shareholders.
Eligible holders of Class A shares may automatically reinvest all or a portion part of the cash dividends into additional Class A shares. Participants may also make optional cash purchases of additional Class A shares, a statement said.
No discount will be applied and class A shares acquired under the plan will not be issued from treasury.
Rockpoint shares closed down CA$0.14 at CA$25.66 on the Toronto Stock Exchange.