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FirstRand updates NAV for McDonald’s-linked ETNs after USD 1.86 dividend reinvestment

PUBT·09/17/2026 13:05:16
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FirstRand updates NAV for McDonald’s-linked ETNs after USD 1.86 dividend reinvestment
  • FirstRand reported a synthetic reinvestment of McDonald’s dividend for MCETNC and MCETNQ ETNs, lifting each ETN’s referenced fractional shareholding.
  • McDonald’s paid USD 1.86 per share on Sept. 16, 2026; reinvestment used USD 1.581 per share net of a 15% tax rate.
  • Reinvestment executed at the Sept. 16, 2026 US close of USD 248.56 per share; no cash distribution will be made to ETN holders.
  • Published NAVs for both ETNs were updated to reflect the dividend reinvestment.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FirstRand Bank Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S603462), on September 17, 2026, and is solely responsible for the information contained therein.