Latest Excelsior Capital (ASX:ECL) News

Takeover bids sent EQT Holdings sharply higher, while Ovanti collapsed after leaving the buy now, pay later market. Strong results from lenders and fund managers were offset by steep falls in several stocks.

Investors also weighed dividends, buy-backs, cost cuts and regulatory risks across a busy week of company news.

Excelsior Capital will pay a full capital return of $27.43 million and delist from the ASX by the end of August, marking the final phase of its portfolio wind-up.

Excelsior Capital shareholders have greenlit a $24.3 million capital return set for late August, with the company preparing to delist from the ASX and enter liquidation to finalise remaining asset realisation.

AMP led the week after lifting its profit outlook, while IAM jumped on record turnover and L1 Group slid despite strong funds growth. Across the sector, investors rewarded cash returns, deal progress and fresh guidance, but they were less forgiving where outflows or one-off costs stayed in view.

Excelsior Capital Limited plans a capital return of approximately A$27.43 million, about 94.6 cents per share, as it moves to wind up its investment portfolio and delist from the ASX. Shareholder approval is sought at a meeting on 17 August 2026, with trading suspension and removal from the official list scheduled for late August.

Gold exposure was sold hard, while a lender and a legal-finance group caught steady buying. Dividends, buy-backs and new bank-style hybrids did the heavy lifting for sentiment.

Excelsior Capital Limited has announced a further fully franked special dividend of over $10 million amid its ongoing winding up process, alongside key board changes and plans for final capital returns.

A dividend shock, a mega-merger and a fresh equity raise dominated ASX finance names this week. Magellan surged on its Barrenjoey plan, while Excelsior plunged despite confirming a large special payout.

Excelsior Capital Ltd has clarified its Special Interim Dividend payment of 241.43 cents per share, fully franked and payable on 20 March 2026, reinforcing its commitment to shareholder returns.

Big swings hit ASX financials this week as profit updates, takeover votes and cost cuts drove fast re-pricing. The winners paid (or promised) cash. The laggards spooked investors with losses, restructures or shaky earnings outlooks.

Excelsior Capital Limited reported a $2.08 million loss for the half-year ending December 2025 as it moves to wind up operations, yet declared a substantial fully franked interim dividend.

Excelsior Capital has settled its Federal Court dispute with London City Equities, paving the way for a capital return, fully franked dividend, and eventual delisting from the ASX.