NOTES TO THE INTERIM FINANCIAL STATEMENTS
3. SIGNIFICANT TRANSACTIONS AND EVENTS (continued)
Dividends
Vector Limited’s final dividend for the year ended 30 June 2017 of 8.00 cents per share was paid on 15 September 2017, with a supplementary dividend of 1.41 cents per non-resident share. The total dividend paid was $79.6 million. Liquigas Limited, an associated company of the group, paid an interim dividend for the six months ended 31 December 2017 of $0.6 million to the company’s non-controlling interests. On 9 November 2017, the group sold 4,244,923 treasury shares to various investors for a total of $14.0 million, at $3.30 per share (a 2.9% discount to the closing price on 8 November 2017). This resulted in a gain of $5.0 million which has been recorded within issued share capital in equity. Vector reports on three reportable segments in accordance with NZ IFRS 8 Operating Segments . The segments and related policies remain unchanged from those reported in Vector’s 2017 Annual Report. The reported segments are: Regulated Networks Auckland electricity and gas distribution services. Gas Trading Natural gas and LPG sales, storage and processing, and cogeneration. Technology Metering services, telecommunications and new energy solutions. On 31 March 2017, the group acquired 100% of the voting shares in E-Co Products Group Limited and the business and net assets of PowerSmart NZ Limited. The financial results of both these entities is included within the Technology segment.
Sale of treasury shares
4. SEGMENT INFORMATION
Segments
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