Heartland stock halted pending announcement

Heartland New Zealand, whose shares reached a post-listing high this week, was halted from trading pending an announcement to the stock exchange.

The stock jumped to 92 cents on Wednesday, closing at 89 cents yesterday. In the past 12 months the shares have gained 23 percent, compared to the NZX 50 Index rise of 15 percent in the same period.

The bank formed from the merger of Canterbury and Southern Cross building societies and Marac Finance is due to report earnings on Feb. 25. In guidance given at the end of first quarter the lender said it was on track to meet half-year targets.

BusinessDesk.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Infratil Newsletter - May 2025
Devon Funds Morning Note - 16 May 2025
Manawa Energy FY25 Financial Results and Annual Report
Fletcher Building Divisional Restructure, Executive Changes
May 16th Morning Report
MCY - Retirement of director
AIA - April 2025 Monthly traffic update
Sanford delivers an improved half year result
May 15th Morning Report
Devon Funds Morning Note - 14 May 2025