Infratil approves acquisition on behalf of Morrison & Co

Infratil advises that it has approved the on-market acquisition of up to $40 million of Infratil shares on behalf of Morrison & Co. The shares will be acquired on market pursuant to a fixed trading plan.

Approval for the acquisition was obtained by Morrison & Co in accordance with Infratil’s Financial Product Trading Policy.

The Infratil board approved a similar fixed trading plan in favour of Morrison & Co in February 2022 which was also for $40 million and was completed in May 2022.

Alison Gerry, Infratil’s Chair, said that “the further acquisition of shares by Morrison & Co is a vote of confidence in Infratil’s continued performance”.

Infratil approves acquisition on behalf of Morrison & Co

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:

POT Financial Results for the year to 30 June 2025
MOVE FY25 Results for the year ended 30 June 2025
BPG - Completion of Retail Offer
Comvita releases results for the year ended 30 June 2025
August 29th Morning Report
Air New Zealand announces 2025 financial result
August 28th Morning Report
VSL - 2025 date of Annual Meeting of shareholders
WIN - Winton announces FY25 Annual Results
Meridian Energy Limited 2025 Full Year Financial Results