Latest New Zealand News

Woodside Energy Group has updated its dividend announcement, revealing the exchange rates and currency conversion methods for its upcoming fully franked dividend payment. Shareholders can expect payments in multiple currencies based on their location, with options to elect alternative currencies by early September.

Bega Cheese Limited has updated its dividend announcement, confirming a fully franked ordinary dividend of AUD 0.06 per share and setting the Dividend Reinvestment Plan price at AUD 5.77 with no discount.

Novatti Group has offloaded its Emersion business to CGP Equity for $500,000, marking a strategic pivot to concentrate on its core payments infrastructure in Australia and New Zealand.

Commonwealth Bank of Australia has updated details for its six-month dividend, confirming a fully franked payout of AUD 2.60 per share with multi-currency payment options and a Dividend Reinvestment Plan.

Johns Lyng Group Limited (JLG) shareholders are set to vote on a scheme of arrangement that would see Sherwood BidCo Pty Ltd, backed by Pacific Equity Partners, acquire 100% of JLG shares at a significant premium. The scheme booklet, now registered with ASIC, outlines a $4.00 per share cash consideration and an option for management shareholders to receive scrip in the acquirer's holding company.

Lendlease Group has confirmed its ordinary dividend for the financial year ending June 2025, alongside the Dividend Reinvestment Plan price and currency arrangements for payments to investors in Australia, New Zealand, and the UK.

oOh!media has confirmed its half-year earnings for 2025 met market expectations, despite a significant non-cash impairment linked to the loss of a key Auckland Transport contract. The company maintains steady operational performance and updated guidance amid evolving market conditions.

NRW Holdings has agreed to acquire Fredon Industries for up to $200 million, introducing a new strategic pillar and broadening its service capabilities in energy transition and infrastructure. The deal is expected to complete by September 30, 2025, with strong earnings visibility for FY26.

NRW Holdings has agreed to acquire Fredon Industries for up to $200 million, significantly broadening its electrical, mechanical, infrastructure, and technology services. The deal is expected to boost NRW’s earnings and open new growth avenues tied to energy transition and digital innovation.

Carnegie Clean Energy is closing its Share Purchase Plan on 8 September, offering shareholders a discounted entry to fund key ocean energy projects. The capital raise aims to accelerate development in Europe, the US, and Australia.

Scalare Partners has successfully closed a $3.09 million capital raise, combining a $3 million placement and a Share Purchase Plan, to fund its acquisition of Tank Stream Labs and expand its technology portfolio.

Biome Australia has partnered with Green Cross Health to launch its Activated Probiotics across New Zealand’s largest pharmacy network, marking a pivotal step in its international growth strategy.