BUZZ-NZ's Vulcan Steel gains most in three weeks on dividend payout, outlook

Reuters

2025/02/11

** Shares of Vulcan Steel VSL.NZ rise 2% to NZ$7.75, their biggest intraday pct gain since January 21

** Co earlier in the day declared an interim dividend of 2.5 NZ cents per share

** The steel distributor also anticipates that New Zealand trading volumes will recover from the second or third quarter of 2025

** Stock fell 6.3% in 2024

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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