Sharemarket News

Devon Funds Morning Note - 14 May 2025
14 May, 12:42pm
The S&P500 jumped another 0.7% overnight, continuing a rally sparked by the White House’s pause on tariffs, and optimism around trade negotiations, fuelled further by this week’s cessation of hostilities between the US and China... More »

Winton Media Release - Ayrburn Film Hub
14 May, 11:33am
Winton Land Limited’s exciting new Ayrburn Film Hub is one step closer today following the Government’s decision to fast-track the resource consent assessment of this $200 million project... More »

CEN - CONTACT ENERGY APPOINTS NEW CHIEF FINANCIAL OFFICER
14 May, 10:59am
Contact Energy (Contact) has today announced the appointment of Matt Forbes to the position of Chief Financial Officer... More »

VCT - Vector announces strategic review for its fibre business
14 May, 10:33am
Vector (NZX:VCT) advises that it is undertaking a strategic review of its fibre business and has appointed Barrenjoey Capital Partners to assist in this process... More »

Rua approves debt facility to accelerate sales.
13 May, 4:22pm
The Board of Rua Bioscience have approved a debt facility offered to wholesale lenders for the purchase of stock to accelerate sales growth. As Rua Bioscience expands globally, the requirements for working capital has increased... More »

PCT - Precinct FY25 Third Quarter Dividends
13 May, 12:43pm
Precinct Properties New Zealand Limited (“PPNZ”) is pleased to advise a cash dividend for the FY25 third quarter of 1.497500 cents per share. This dividend has no imputation credits to attach for the quarter and therefore no supplementary divi... More »

MEL - Ampol exits retail electricity, Meridian takes on customers
13 May, 10:32am
Meridian Energy Limited (Meridian) (NZX:MEL/ASX:MEZ) has entered into an agreement with Z Energy (100% owned by Ampol Limited (Ampol) (ASX:ALD)) that will see Flick and Z Energy customer contracts and the related hedge book move to Meridian... More »

Deposit scheme reduces risk, boosts trust - General Finance
12 May, 1:16pm
On July 1, New Zealand launches its Depositor Compensation Scheme (DCS), a transformative policy aimed at protecting savers and rebalancing the financial sector... More »

PFI - Q3 Div & Upgraded FY25 Div Guidance, FY26 Div Guidance
9 May, 10:40am
Property for Industry Limited (PFI, the Company) is pleased to announce a third quarter dividend of 2.10[1] cents per share (cps) and to upgrade earlier dividend guidance for FY25 to 8.60 cps. PFI is also pleased to introduce FY26 dividend guidance of bet... More »

AIA - Auckland Airport announces leadership team change
9 May, 9:56am
Auckland Airport today announced Chief Infrastructure Officer Susana Fueyo Suarez has resigned, making the personal decision to step away from her role for family reasons... More »

NZME Takeovers Panel determination
7 May, 10:47am
In April 2025, the Takeovers Panel held a meeting under section 32 of the Takeovers Act 1993 to inquire into potential non-compliance with the Takeovers Code by Mr James Grenon when he acquired a total of 1,212,975 NZME shares, representing 0.646% of the... More »

MNW - Commerce Commission clears the Contact Energy acquisition
7 May, 9:58am
Manawa Energy (Manawa) has been advised that the New Zealand Commerce Commission has granted Contact Energy (Contact) clearance to acquire all of the shares in Manawa under the Scheme of Arrangement (Scheme) that was announced on 11 September 2024... More »

General Capital Appoints New CFO
6 May, 10:11am
General Capital, the listed financial services group, today announces the appointment of Mr Vikraant (Vik) Singh as the Chief Financial Officer subject to regulatory approval... More »

SUM - Summerset Considers Retail Bond Offer
6 May, 9:57am
Summerset Group Holdings Limited (Summerset) is considering making an offer of six year, fixed rate bonds to institutional and New Zealand retail investors. The bonds will be unsubordinated obligations of Summerset... More »

SKC - Updated FY25 Full Year Earnings Guidance
6 May, 9:50am
SkyCity Entertainment Group Limited (SkyCity) is taking this opportunity to update previous guidance and expectations for its FY25 full year results... More »

Chorus considers Capital Notes offer
5 May, 12:32pm
Chorus Limited (Chorus) has today announced that it is considering making an offer of up to $170 million of unsecured, subordinated, redeemable, cumulative, interest-bearing capital notes (Capital Notes) to investors in New Zealand (Offer)... More »

KPG - Kiwi Property announces GM Corporate Services
2 May, 1:37pm
Kiwi Property today announced the appointment of Louise Hill in a newly created role, GM Corporate Services, effective late July 2025... More »

Mainfreight Limited - Trading Conditions Update 2 May 2025
2 May, 11:43am
Mainfreight Limited (NZX: MFT) provides this release to keep the market updated on trading conditions as we progress through the trade impacts of tariff negotiations... More »

SIML - Change to Executive Team
2 May, 10:58am
Stride Investment Management Limited (SIML) today announces the resignation of General Manager Corporate Services, Louise Hill, from the company's executive team... More »

BAI - Divestment of education group
2 May, 10:46am
Being AI Limited (NZX:BAI) is pleased to advise that it has divested its education group, Being Education, to Crimson Education Group. This strategic move eliminates from the group education group debt of approximately $3.9m due to Wilshire Treasury... More »