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Showing 1 - 10 of 41 results for "Share Purchase Plan"

Magellan chief executive quits

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
... appropriately engages its talent to drive performance. To achieve this, Magellan will address the existing Employee Share Purchase Plan (ESPP) Loans. "We are pleased to today announce that additional retention payments will be made to close out the ESPP ...

Whitehelm Capital sells to German manager

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
... PATRIZIA, with Challenger's Fidante set to get $50 million for its 30% stake in Whitehelm. PATRIZIA has entered a share purchase plan to acquire the entire issued share capital of Whitehelm. So far, Whitehelm has been owned 70% by its staff and 30% by ...

Westpac in fresh $87m remediation program

KARREN VERGARA  |  FRIDAY, 2 JUL 2021
The failure of Westpac's former advisers to pass on corporate actions to clients for more than a decade will see the big bank pay a hefty bill. The $87 million that will be remediated affects 32,000 customer accounts, ASIC announced this morning ...

Charter Hall REIT acquires portfolio, opens raise

ANNABELLE DICKSON  |  THURSDAY, 10 SEP 2020
... billion. The REIT will undertake a fully underwritten $60 million institutional placement and a non-underwritten share purchase plan of $10 million to assist in funding the acquisition. The balance of funding for the transaction will be funded from available ...

Iress posts mixed half year results

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... an interim dividend of 16 cents per share. The company completed a $150 million institutional raise and its share purchase plan was oversubscribed for a total of $25 million to assist in its acquisition of OneVue. Iress expects the acquisition to be ...

WAM makes proposition plans public

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... 31, the fund had $78.71 million in assets under management. In addition to the strategy shift, CIE opened a share purchase plan to retail investors in the hopes of raising $20 million. The shares were offered at 62.5 cents per share. WAM chair and chief ...

Contango dumps investment strategy, opens raise

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... emerging markets equities strategy managed by US-based WCM Investment Management. In addition, CIE has opened a share purchase plan in the hopes of raising $20 million. Shareholders can acquire up to $30,000 of shares at 62.5 cents per share. CIE has ...

Perpetual opens retail raise

ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
Perpetual has opened its share purchase plan to retail shareholders in an attempt to raise $40 million to fund the acquisition of US manager Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley). Eligible shareholders are able to purchase up to $30,000 ...

Capital raising relief measures extended

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... conditional on entities making a pro-rata entitlement offer or a follow-on offer to retail investors under a share purchase plan at a discount to the placement price. The extension would allow listed entities impacted by the COVID-19 pandemic further ...

Capital raisings top $27bn, dividends down $10bn

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
New research from Ord Minnet reveals capital raisings topped $27 billion as at June 22, while dividends have been slashed by $10 billion. Ord Minnett said among the three categories of capital management initiatives, capital raisings include share placements ...
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