Latest Shareholder Value News

Terra Metals appoints Debra Bakker as Chair alongside Jeff Quartermaine and Jennifer Purdie to steer the company’s shift from exploration to development at its promising Dante Project in Western Australia.

Taiwanese tech manufacturer FSP Technology has converted its redeemable shares into 44.87 million ordinary shares in Harris Technology, deepening its strategic partnership as Harris expands in Australia's refurbished tech market.

Tourism Holdings Limited has received a fresh non-binding indicative offer from a credible strategic buyer at NZ$3.30 to NZ$3.40 per share, while continuing negotiations with the BGH Consortium over due diligence access.

Otto Energy has launched a formal process to sell its Gulf of America oil and gas holdings, aiming to unlock shareholder value amid favourable commodity prices. The move includes key assets South Marsh Island 71 and Green Canyon 21, with no set timeline or guarantee of sale completion.

Australian Oil Company Limited has closed its Share Purchase Plan, raising $155,000 by issuing over 54 million shares at $0.0029 each, to support ongoing exploration in Queensland’s Surat Basin.

IFM Investors' subsidiary Diamond Infraco has extended its takeover offer for Atlas Arteria by 14 days after crossing a 50% voting power threshold. The independent directors are reviewing their response ahead of a supplementary statement due next week.

HiTech Group Australia has tabled a conditional $15 million offer to acquire selected assets and employees from Hudson Global Resources, targeting the UpperGround business. The deal hinges on creditor approval, regulatory clearance, and financing, with payments structured across upfront, conditional, and deferred components.

KMD Brands is set to reduce its share count from nearly 1.8 billion to about 72 million through a 1 for 25 consolidation effective early July 2026, simplifying its capital base without changing shareholder value.

Dexus (ASX: DXS) has declared an estimated distribution of 17.7 cents per security for the six months ending 30 June 2026, marking a reduction from prior payouts as it balances income returns with strategic capital initiatives.

Classic Minerals has launched Supreme Court proceedings to affirm its 80% beneficial interest in gold rights at the Forrestania Gold Project, aiming to secure legal clarity as it advances mining development.

Australian Mines appoints Andrew Nesbitt as Managing Director and adds two new Non-Executive Directors, while unveiling a 1-for-5 share consolidation and director incentives linked to key project milestones.

General Capital Limited posted record revenue growth of 18% to $26.76 million for FY26, driven by a 63% jump in loan receivables and a 34% rise in term deposits. The group declared a final dividend, reflecting confidence amid economic uncertainty and a positive credit rating upgrade for its finance subsidiary.