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:

Contact Energy 2026 Half Year Results Presentation
February 2nd Morning Report
VHP - Half year results announcement date and webcast details
Devon Funds Morning Note - 30 January 2026
AIA - Auckland Airport new board appointment
General Capital (GEN:NZ) Subsidiary General Finance Update
January 30th Morning Report
January 29th Morning Report
VSL - Date for 1H FY26 results announcement
January 28th Morning Report