FirstRand says Goldman Sachs dividend boosts GSETNC, GSETNQ ETN NAV via synthetic reinvestment

Bitget2026/09/30 15:05

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FirstRand reported a synthetic reinvestment of a USD 5/share Goldman Sachs dividend for its GSETNC and GSETNQ ETNs.
No cash distribution to ETN holders; the reinvestment increased the fractional shares referenced by each ETN.
Reinvestment amount USD 4.25/share, reflecting a 15% effective tax rate; reinvestment price USD 916.24/share.
NAVs were already adjusted to reflect the dividend’s impact as of the Sept. 29, 2026 US close.

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: S604113), on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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FirstRand says Goldman Sachs dividend boosts GSETNC, GSETNQ ETN NAV via synthetic reinvestment

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