Latest Financial Services News

Computershare has wrapped up its $750 million on-market share buy-back, cancelling over 25 million shares and signaling a strategic pivot towards dividends as the preferred shareholder reward.

InvestSMART Funds Management has updated the Distribution Reinvestment Plan rules for the Intelligent Investor Equity Growth Fund Active ETF, effective July 1, 2025, enhancing unitholder flexibility and fund capital management.

JPMorgan Asset Management has released updated estimated cash distributions for five of its active ETFs for the financial year ended June 30, 2025, outlining key dates and investor participation details.

Butn Limited has locked in a $10 million corporate credit facility with Mighty Partners, providing non-dilutive capital to support its expanding receivables book and operational growth.

BlackRock Investment Management (Australia) Limited has announced estimated cash distributions for over 50 Australian domiciled iShares ETFs, providing key dates and reinvestment options for investors.

Global X Management (AUS) Limited has released updated estimated distribution amounts for a broad suite of its ETFs listed on the ASX AQUA Market, ahead of the June 30, 2025 period end.

Assetora Australia Limited has been officially appointed as the Responsible Entity of the DomaCom Fund, lifting previous restrictions and paving the way for renewed investment activity and secondary market trading.

The Takeovers Panel has received a contentious application challenging Keybridge Capital’s role in the Yowie takeover bid, spotlighting conflicts of interest tied to WAM Active’s influence. Interim orders were declined, leaving the dispute unresolved as a critical shareholder meeting unfolds.

GTN Limited is set to seek shareholder approval for a substantial $44 million capital return, aiming to reward investors without compromising its dividend policy.

Global X Management (AUS) Limited has updated the estimated distribution for its Ultra Long Nasdaq 100 Complex ETF, setting it at just over 54 cents per unit for the June 2025 period. Key dates for distribution and dividend reinvestment plan participation are now confirmed.

State Street Global Advisors has announced a substantial cash distribution for the SPDR S&P/ASX 200 ESG ETF, reflecting the fund’s income and tax attributes for the year ending June 2025.

KKR Credit Income Fund has announced its distribution guidance for FY2026, maintaining a monthly payout of 1.67 cents per unit and targeting an annual yield above 8%, consistent with the previous year.