Latest New Zealand News

WiseTech Global has updated its dividend announcement, confirming a fully franked ordinary dividend for the half-year ending June 2025 and setting the Dividend Reinvestment Plan price at AUD 96.75.

Newmont Corporation has updated its dividend announcement to clarify currency exchange rates and payment methods for the quarter ending June 2025, affecting how investors receive their returns.

Tower Limited has renewed its FY26 reinsurance programme with lower premium expenses and enhanced catastrophe coverage, signaling strong financial resilience amid evolving risk landscapes.

Commonwealth Bank of Australia updates its final dividend details, confirming a fully franked payout of AUD 2.60 per share and setting the Dividend Reinvestment Plan price at AUD 168.60 with no discount.

Algorae Pharmaceuticals has secured an exclusive licensing agreement with Sakar Healthcare to introduce five generic oncology medicines in Australia and New Zealand, marking its first commercial foray in the region.

Myer Group posted modest sales growth in FY25, buoyed by the Apparel Brands acquisition, but faced profitability challenges from operational disruptions and macroeconomic pressures. The Group is advancing its omni-channel strategy and cost management initiatives while addressing National Distribution Centre issues.

Myer Holdings reported a 13.8% revenue increase in FY25, boosted by its acquisition of Apparel Brands, yet faced a statutory net loss of $211.2 million due to goodwill impairment. The integration of Apparel Brands is underway, with strategic growth initiatives in motion.

Alcidion Group has expanded its contract with North Cumbria Integrated Care NHS Foundation Trust to integrate MediViewer into its Miya Precision electronic patient record system, enhancing access to scanned and historical documents.

Clover Corp has reported a standout FY25 with robust revenue and profit growth, driven by new product launches and strategic investments that strengthen its global supply chain and market reach.

Clover Corporation posted a robust 38% revenue increase to $86 million in FY25, driven by product innovation and operational gains, while declaring a final dividend. The company’s cautious outlook for FY26 reflects ongoing regulatory and production challenges.

Shriro Holdings has reversed its plan to delist from the ASX and scrap a $5 million share buy-back, now considering a special dividend to reward shareholders.

Domino’s Pizza Enterprises has updated its dividend announcement to include a DRP price of AUD 14.26 with a 1% discount, alongside an unfranked dividend of AUD 0.215 per share for the half-year ending June 2025.