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Showing 211 - 220 of 454 results for "Capital Raising"

CBA profit tops $9 billion

DARREN SNYDER  |  WEDNESDAY, 12 AUG 2015
... Queensland. In line with Australian Prudential Regulation Authority requirements the bank has launched a $5 billion capital raising that will see an opportunity for eligible shareholders to buy one new share for every 23 shares they hold at a discounted ...

Five minutes of commodity sunshine?

BENJAMIN ONG  |  TUESDAY, 11 AUG 2015
... the bank, more so that investors seemed to have ridden themselves of the big four banks' - ANZ, CBA, NAB, WBC - capital raising spooks of last week. Even more so that commodity prices of most variety have risen overnight. Hurrah for Aussie miners! This ...

Big four prepared for APRA capital adequacy changes

ALEX BURKE  |  MONDAY, 20 JUL 2015
... strategy Craig Drummond said the news "aligns with our expectations." The statement added that NAB's $5.5 billion capital raising initiative (announced in its 1H15 results) was partly designed to "provide a buffer" for anticipated regulatory changes ...

Wilson to raise $550m for philanthropic LIC

LAURA MILLAN  |  MONDAY, 29 JUN 2015
... chief executive Chris Donohoe will act as joint chief executives. They will be responsible for philanthropy and capital raising.

Australian Unity completes capital raising for new fund

ALEX BURKE  |  THURSDAY, 11 JUN 2015
Australian Unity has announced it has completed its capital raising for a new retirement village development fund. The first development of the new fund will be a $65 million nine-level retirement complex in Melbourne. The building will comprise 91 ...

Shares rise after four-days of losses

AAP  |  FRIDAY, 5 JUN 2015
... Australia Bank was down 30 cents at $32.02 and ANZ fell 19 cents to $31.31. NAB has completed its $5.5 billion capital raising after selling more than 28 million shares overnight on Thursday. The next big market event is US non-farm payroll employment ...

Market Wrap PM

AAP  |  TUESDAY, 12 MAY 2015
... opened and were down 23.37 cents, or 0.67 per cent, at $34.47 after completing the first stage of its $5.5 billion capital raising. "It's essentially held the value of its price," Mr McCarthy said. "It's a very strong performance." Among the major banks ...

Market Wrap PM

AAP  |  MONDAY, 11 MAY 2015
... advanced 11 cents to $34.17. National Australia Bank shares remain in a trading halt as it continued its $5.5 billion capital raising. The S&P/ASX 200 lost more than three per cent last week as a slide in bank stocks weighed on the market.

Market wrap

AAP  |  FRIDAY, 8 MAY 2015
... guidance. NAB went into a trading halt on Thursday after announcing that it will engage in a mammoth $5.5 billion capital raising. The Commonwealth was up 80 cents at $83.91, Westpac had gained 37 cents to $34.27 but ANZ fell 41 cents to $32.60. Banking ...

Market Wrap PM

AAP  |  THURSDAY, 7 MAY 2015
... to do anything to make the share market worst or better," he said. "NAB's decision to announce today its major capital raising and the backwash from the bank profit reports, particularly the CBA's, and Woolworths weak sales results are the biggest drivers." ...