Latest Capital Allocation News

CSL Limited’s interim CEO Gordon Naylor reveals a downgraded FY26 outlook amid slower growth and announces substantial impairments tied to CSL Vifor assets. Leadership changes and transformation efforts aim to restore momentum.

Santana Minerals has corrected its timeline for settling the purchase of 3,680 hectares for its Bendigo-Ophir Project, extending the deadline to the earlier of mid-2030 or 12 months after mining consents are granted.

Spenda Limited has sold its Ledger platform to APG Pay for $1.8 million, cutting $2.7 million in annual costs and streamlining operations to concentrate on its core revenue-generating products.

Macquarie Group (ASX: MQG) reported a 30% jump in FY2026 net profit to A$4.85 billion, driven by growth across all divisions and bolstered by strategic investments in AI and sustainability. The board declared a total dividend of A$7 per share and maintained a strong capital position amid ongoing regulatory remediation.

News Corporation posted a solid third quarter with revenues climbing 9% to $2.19 billion and net income from continuing operations up 13% to $121 million, driven by robust performances in Digital Real Estate Services, Dow Jones, and Book Publishing.

Boom Logistics has upgraded its FY26 earnings guidance, anticipating a 31% rise in statutory EPS, backed by $7 million in new contracts across energy and mining sectors.

ARN Media reported a 10% revenue decline in FY25 but accelerated digital growth and cost savings, while defending ongoing legal disputes with former talent.

FleetPartners Group Limited reported a 7.3% rise in half-year profit to $37.05 million, driven by lease portfolio growth and the integration of Remunerator. The company declared an 11.9 cent fully franked interim dividend and confirmed a positive outlook for FY26.

Light & Wonder posted modest revenue growth in Q1 2026, driven by strong Gaming and iGaming performances, while net income fell sharply due to legacy legal costs. The company maintains disciplined capital management amid ongoing macro pressures.

Central Petroleum has terminated the sale of its Northern Territory subsalt permits and withdrawn from the EP112 joint venture, reallocating capital towards the Mt Kitty appraisal well and other projects.

DPM Metals delivered a record $203 million free cash flow in Q1 2026, driven by strong production growth from the Vareš mine and robust metal prices. The company remains on track for full-year guidance with ongoing exploration and disciplined capital returns.

Tribune Resources plans an on-market buyback of up to 5.25 million shares valued at approximately $27.8 million, aiming to return capital without disrupting ongoing operations.