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Auckland International Airport gains, despite unfavourable Commerce Commission decision – Market close
31 Mar 2025 06:05 GMT
The updated charges for the pricing period of 2023-2027 represent a new targeted return of 7.82%, down from 8.73% and in line with the range considered reasonable by the commission.
The airport said softer traffic volumes and challenging economic …
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Auckland Airport CEO says more work to do in tourism
20 Feb 2025 03:45 GMT
“We’ve certainly seen demand holding steady for international travel, which is a good thing, but just overall, growth is more subdued than expected, and there’s a challenging kind of local environment which I suspect is playing through at many of the …
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Early Rocket Lab investor cashes in for $169 million, Auckland International Airport share sale removes a stock overhang – Stock Takes
05 Dec 2024 16:43 GMT
… of Auckland Council’s remaining shares in Auckland International Airport (AIA) removes a … for the company’s shares and increase its index … Council’s sale of Auckland Airport increases the company’s free … to buy or sell shares to replicate benchmark weight …
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NZ stocks slump as investors free up funds for Auckland International Airport sale – Market close
04 Dec 2024 05:56 GMT
Greg Smith, head of retail with Devon Funds Management, said it looks like the airport share sale is oversubscribed and will be well-supported at a premium to its last closing price.
“These types of assets are becoming increasingly rare (to buy) and there’ …
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NZ shares down 1.2% as earnings season hits full swing - Market close
20 Feb 2025 06:35 GMT
… Auckland International Airport dominated the day’s trading with almost $14m worth of shares … recovery,” he said.
SkyCity shares had a steeper decline, falling … $100m worth of its shares.
Vulcan Steel joined Air … year-to-date.
Ebos shares continued to trade in …
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Aussie shares plunge to five-week low on weak earnings
20 Feb 2025 02:42 GMT
The local share market is on track for its fourth straight day of losses - and its worst one of the current losing streak, on the biggest day of earnings season.
The benchmark S&P/ASX200 index at lunchtime on Thursday was down 130.3 points, or 1.55 …
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Shhhhh Auckland Transport sells Auckland Airport Shares
05 Dec 2024 18:23 GMT
… stake in Auckland International Airport.
Trading in the airport company’s shares has been … 163,231,446 shares (a 9.71% shareholding) in Auckland Airport,” the airport … on how the council shares in the Auckland International Airport are sold. Auckland Council …
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Fisher & Paykel Healthcare shares plunge on Trump tariff news – Market close
03 Feb 2025 05:59 GMT
The company said it doesn’t expect a material impact from the new tariffs on its net profit in the 2025 financial year but costs would likely increase the following year.
Fisher and Paykel is still expecting to reach its gross margin target of 65% through …
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Auckland Council sells its Auckland Airport stake
04 Dec 2024 04:31 GMT
… of Auckland Council’s remaining shares in Auckland International Airport.
The sale, planned as … ’s 9.71% holding of Auckland Airport shares sold for at least $8 …
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Auckland Council to sell remaining stake in Auckland Airport
03 Dec 2024 21:16 GMT
… in Auckland International Airport.
Trading in the airport company's shares has … 231,446 shares (a 9.71% shareholding) in Auckland Airport," the … funds and clients.
On Auckland Airport's closing price … a large parcel of shares would likely be sold …