Latest New Zealand News

Bega Cheese Limited has announced a fully franked ordinary dividend of 7 cents per share for the half-year ending December 2025, alongside a Dividend Reinvestment Plan priced at $6.27 per share.

The Calmer Co. International Limited’s Fiji subsidiary has secured a FJ$548k non-repayable grant to expand ready-to-drink production and upgrade supply chain infrastructure, accelerating its growth without diluting shareholder equity.

Commonwealth Bank of Australia has updated its interim dividend details, confirming a fully franked payout of AUD 2.35 per share with multi-currency payment options and a Dividend Reinvestment Plan participation of 13.5%.

Horizon Oil has launched an off-market takeover offer for Cue Energy Resources, proposing a mix of cash and shares. Cue’s Independent Board Committee is now carefully evaluating the proposal before advising shareholders.

Genesis Energy has opened a NZ$300 million rights offer priced at NZ$2.05 per share, marking a 10.8% discount to the theoretical ex-rights price, aiming to accelerate its growth pipeline following a recent NZ$100 million placement.

Magellan Financial Group has successfully raised $130 million through an institutional placement to support its strategic merger with Barrenjoey Capital Partners, with a $20 million share purchase plan also announced for existing shareholders.

Ardea Resources has successfully raised A$5 million through a placement and launched a A$2 million Share Purchase Plan to fund the next phase of its Kalgoorlie Nickel Project. The capital injection supports the finalisation of a key feasibility study and ongoing project development.

Terragen Holdings’ biostimulant Great Land Plus® has been independently shown to increase maize silage yields by up to 12%, translating into an estimated $1,100 additional revenue per hectare and a potential 20-fold return on investment.

New Age Exploration appoints seasoned geologist Kirby Johnson as CEO and acquires the promising Wallah Silver Project in NSW, complementing positive drilling results at its Wagyu Gold Project in Pilbara.

Horizon Oil has made a strategic move to acquire the remaining shares of Cue Energy Resources with an offer valuing Cue shares at approximately 14.3 cents each, representing a notable premium. This bid aims to create a larger, more diversified oil and gas entity with potential annual synergies of up to A$2 million.

BHP Group Limited has updated its dividend announcement to include the South African Rand exchange rate, confirming a fully franked ordinary dividend for the six months ending December 2025, payable in multiple currencies.

Vysarn Limited has reported a record half-year financial performance for 1HFY26, with net profit before tax soaring 92% year-on-year. The company reaffirms its $20 million NPBT target for FY26, underpinned by strong growth across all business segments and strategic project progress.