Sharechat Logo

Infratil approves acquisition on behalf of Morrison & Co

Thursday 4th August 2022

Text too small?

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



  General Finance Advertising    

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.

Related News:

CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025
RYM - First quarter trading update
July 11th Morning Report
IKE Announces equity raising of A$20 million
Chorus full year results date
FPH 2025 Notice of Annual Meeting and Voting Form
July 10th Morning Report
July 9th Morning Report
July 8th Morning Report