Latest Shareholder Value News

News Corporation reported a robust second quarter for Fiscal 2025, with revenues climbing 5% to $2.24 billion and net income soaring 58%, while announcing the strategic sale of Foxtel to DAZN for A$3.4 billion.

REA Group Ltd has announced a fully franked ordinary dividend of AUD 1.10 per share for the half-year ending December 2024, signaling continued shareholder returns.

REA Group Ltd has delivered a robust half-year performance, reporting a 20% increase in revenue to $872.9 million and a 26% rise in net profit after tax to $313.9 million, driven by strong growth in both Australian and Indian markets.

Eumundi Group Limited’s shares have been suspended from ASX trading following Federal Court approval of its acquisition by SEQ Hospitality Group Pty Ltd, marking a pivotal step in the company’s transition.

Australian Foundation Investment Company Limited has extended its on-market buy-back facility for another year, updating broker details and increasing the maximum shares to be repurchased as part of ongoing capital management.

AMCIL Limited has refreshed its on-market buy-back facility for another 12 months, appointing Morgans Financial Limited as broker and setting a maximum purchase of over 31 million shares.

Thor Energy plc has appointed Andrew Hume as Managing Director, bringing a seasoned energy executive to spearhead its expansion into natural hydrogen exploration.

Cosmos Exploration has raised A$1.25 million through an oversubscribed placement to support its strategic option agreement to acquire EAU Lithium, positioning itself deeper in Bolivia’s lithium-rich Triangle.

AKORA Resources has increased its placement by $25,000, bringing the total to $1.318 million as it advances strategic investor discussions and logistics planning following its Pre-Feasibility Study.

Canyon Resources announces Peter Secker as new CEO, signaling a strategic shift as the company advances its Minim Martap bauxite project toward production.

Brightstar Resources has reported compelling high-grade gold intercepts from its 2024 diamond drilling at the Lord Byron deposit, reinforcing the potential for expanded mining operations at Jasper Hills.

Westar Resources has secured heritage approvals and is set to begin a targeted RC drilling program at the Mindoolah Gold Mining Centre, aiming to unlock high-grade gold deposits beneath historic workings. Following this, drilling will focus on a compelling geophysical anomaly at the Mageye Prospect.