-
New Zealand shares follow United States up - market close
16 Jan 2025 05:55 GMT
… Group has listed its farmer shares on the NZX main board … 10.5c to $8.575; Fletcher Building declined 9c or 3.07% …
-
NZ shares head for strongest performance in four years - market close
27 Dec 2024 05:49 GMT
“The local market has hit a key milestone of going above 13,000 points and things are shaping up for the rally to continue through to New Year’s Eve on the thin trading,” said Smith.
The Santa Claus trading window, historically a bullish period for stocks …
-
Rocky day for NZ shares - Market close
09 Dec 2024 06:10 GMT
… 1.88% to $5.75; Fletcher Building shed 9c or 3.08% … of the second tranche of shares he subscribed for. Smith has …
-
Gentrack shares continue surge higher - Market close
29 Nov 2024 06:29 GMT
“It’s potentially a turning point for earnings and we may have seen the bottom. The latest consumer confidence survey has seen a big jump and sentiment is improving. There are green shoots in the economy, in earnings and in the market,” Solly said.
The ANZ …
-
Fletcher Building 'a difficult collection of businesses to manage in its current form'
24 Sep 2024 06:48 GMT
Fletcher Building [FBU] is a difficult collection … just under $600 million. The shares then resumed trading as the …
-
Shane Solly: Harbour Asset Management spokesperson on Fletcher Building's bid to raise $700 million
23 Sep 2024 09:01 GMT
Fletcher Building is looking to put its … shares for investors, to cut into its $1.8 billion debt.
Fletcher Building …
-
Why Fletcher Building needs $700m in extra capital
23 Sep 2024 00:20 GMT
… two years has weighed on Fletcher Building’s earnings.”
Rohan Koreman-Smit … to issue 292 million new shares. The institutional entitlement offer and …
-
Fletcher Building in trading halt, seeks to raise $700m
22 Sep 2024 22:46 GMT
Fletcher Building has announced a halt to trading on its shares as it looks … application from Fletcher Building Limited (FBU).
"Trading in FBU equity shares was … offer described below".
"Fletcher Building is proposing to raise approximately …
-
Fletcher Building looks to raise $700 million
22 Sep 2024 21:54 GMT
… Andrew Reding.
Photo: Supplied
Fletcher Building has announced it will raise $ … .
In addition to money raising Fletcher Building plans to cut around $180m … costs to better the books.
Shares in the company were $2 …
-
Fletcher Building capital raise weighs heavily on NZ sharemarket - Market close
23 Sep 2024 06:45 GMT
Matt Goodson, managing director of Salt Funds Management, said following the Auckland International Airport capital raise, the Fletcher issue placed funding pressure on the market.
It was Fletcher’s eighth equity raising since 2003, the previous one was $ …