Latest Washington H. Soul Pattinson and Company (ASX:SOL) News

Small-cap resources led the week’s biggest moves, but sharp falls in Bounty Oil and Nyrada showed how quickly investors can sell when funding and deal terms remain uncertain.
Gold, copper, rare earths and takeover activity supplied the strongest gains, while several companies still need more cash before they can deliver their plans.

Takeover uncertainty, legal risks and fund closures drove the biggest share moves this week.
Dividend growth and stronger fund returns offered support, but several reports carried clear warnings about future results.

Washington H. Soul Pattinson delivered a record statutory profit after its Brickworks merger, but the headline $2.191 billion result was dominated by accounting gains that will not recur. More durable measures also improved, with Net Cash Flow From Investments rising 11.5%, post-tax NAV reaching $14.5 billion and the final dividend increasing to 63 cents per share.

Micro-caps stole the spotlight, led by a boardroom reset at Killi and a blockbuster cancer update from Amplia. Energy explorers and a few big raisings moved the other way, as traders sold hard into fresh dilution and weak price action.

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.

Washington H. Soul Pattinson and Company Limited has completed its merger with Brickworks Limited, creating a diversified investment group with a $13.8 billion portfolio and reporting a $2.3 billion statutory profit for 1H26.

Washington H. Soul Pattinson and Brickworks Limited have completed their long-anticipated merger, unveiling standalone FY25 results that highlight robust revenue growth and a significant profit turnaround. The combined entity, trading under the Soul Patts ticker SOL, is poised for diversified growth across property, building products, and investment portfolios.

Washington H. Soul Pattinson and Brickworks have completed their share scheme implementations, exchanging existing shares for Topco shares and marking a key step in their corporate combination. Brickworks will delist from the ASX, while Topco shares begin normal trading.

Washington H. Soul Pattinson and Company Limited (SOL) has completed the allotment of shares under its and Brickworks’ share schemes, issuing over 433 million Topco shares to shareholders. This marks a significant milestone in the companies’ corporate restructuring.

Washington H. Soul Pattinson has released comprehensive rules for its Dividend Reinvestment Plan, clarifying shareholder eligibility, participation options, and share allocation procedures.

Washington H. Soul Pattinson and Brickworks have secured Supreme Court approval for their share schemes, marking a key milestone as Topco shares prepare to enter the ASX market.

The Supreme Court of New South Wales has approved the merger scheme between Washington H. Soul Pattinson and Brickworks, paving the way for a new ASX-listed entity, Topco. Shareholders will soon exchange their Soul Patts shares for Topco shares as trading transitions next week.