Latest Financial Services News

Queste Communications reported a slight operating cash outflow in January 2026 but ended the month with a solid cash position supported by financing activities and investments.

Teaminvest Private Group reported a robust operating cash flow of $4.1 million in 1H26, driving strong investment activity and shareholder returns despite a decline in performance fees. The company’s active portfolio growth and increased cash reserves position it well for future expansion.

Teaminvest Private Group Limited has extended its on-market share buy-back program for another year, allowing the company to repurchase up to 10% of its issued shares without shareholder approval.

Australian Foundation Investment Company Limited has updated its interim and special dividend details, including foreign currency exchange rates and pricing for its Dividend Reinvestment and Substitution Share Plans.

Argo Investments has reported a half-year profit of $130.8 million and declared a record fully franked interim dividend of 18.5 cents per share, reflecting strong dividend growth despite a challenging market environment.

Future Generation Global Limited has announced a substantial 49% increase in its fully franked dividend for FY2025, alongside a special dividend, reflecting robust portfolio performance and a commitment to shareholder returns.

Challenger Limited confirms advanced discussions with Pepper Group to jointly acquire Pepper Money, aiming for strategic access to fixed income assets and accretive earnings.

Pepper Money has received a non-binding indicative proposal from Challenger and Pepper Group to acquire 100% of its shares at $2.60 each, sparking exclusivity talks and due diligence.

Flagship Investments reported a challenging half-year with a 9.8% portfolio decline and a comprehensive loss of $6.4 million, yet maintained its commitment to dividends with a 5.1 cent fully franked interim payout.

WAM Active Limited has launched a $51.4 million pro-rata entitlement offer at a 7.8% discount to the recent share price, alongside a $19.3 million institutional placement to meet strong investor demand. The capital raising aims to bolster the company’s proven Australian equity investment strategy while offering shareholders fully franked dividends on new shares.

BlackRock Investment Management (Australia) Limited has announced the Distribution Reinvestment Plan prices for four key iShares ETFs for the January 2026 distribution period, providing clarity for investors opting to reinvest their dividends.

BlackRock Investment Management (Australia) Limited has announced confirmed cash distributions for four Australian iShares ETFs, detailing payment schedules and reinvestment options for investors.