Latest Financial Services News

Amotiv Limited has announced a fully franked ordinary dividend of AUD 0.22 per share for the financial year ending June 2025, payable in September. The dividend reflects the company’s steady financial position and commitment to shareholder returns.

Insurance Australia Group Limited (IAG) reported a 51.3% rise in net profit after tax for FY25, supported by premium growth, improved margins, and key strategic alliances. The company also advanced its sustainability agenda with full renewable energy procurement and emissions reductions.

Commonwealth Bank of Australia’s latest Pillar 3 disclosures reveal steady capital adequacy ratios and strong liquidity metrics as credit risk exposures grow modestly.

Platinum Asia Investments shareholders have decisively approved a scheme to restructure the company by swapping their shares for units in a new ETF, moving the firm closer to a significant transformation pending court approval.

Computershare reported a robust FY25 with management EPS up 15% and EBIT excluding margin income rising 17.4%, underpinned by strong revenue growth and disciplined cost management. The company projects continued earnings growth in FY26, supported by a resilient margin income outlook and strategic acquisitions.

Computershare Limited has announced an ordinary unfranked dividend of AUD 0.48 per share for the half-year ending June 2025, alongside a Dividend Reinvestment Plan with no discount.

Computershare Limited reported a 72% surge in net profit for FY25, driven by strong fee revenue growth and disciplined cost management despite a 5.6% revenue decline due to a major business disposal. The company also announced a higher final dividend and ongoing strategic acquisitions.

Platinum Asia Investments Limited secured overwhelming shareholder approval for its Scheme of Arrangement, with nearly 98.5% voting in favor at the recent meeting.

The Takeovers Panel has declined to review its earlier ruling on Keybridge Capital Limited, affirming no unacceptable circumstances exist. This decision closes a regulatory chapter but leaves some questions about future governance.

Platinum Asia Investments Limited (PAI) held a pivotal Scheme Meeting seeking shareholder approval to restructure by exchanging shares for units in the Platinum Asia Fund Complex ETF (PAXX), accompanied by a special dividend payment. The outcome will reshape PAI’s investment management and ownership structure.

Platinum Capital Limited has withdrawn its proposed scheme of arrangement due to insufficient shareholder support and is now seeking approval for an on-market buy-back of up to 50% of its shares, aiming to enhance liquidity for investors.

SGH Limited has announced a fully franked ordinary dividend of AUD 0.32 per share for the six months ending June 2025, signaling steady returns for shareholders.