Latest Strategic Shift News

NZME updates shareholders on key board nominations and retirements ahead of its Annual Shareholders’ Meeting, signaling a strategic shift with new leadership and governance plans.

MedAdvisor Limited has entered a non-binding agreement to sell its ANZ business division for a headline price of $35 million plus a potential earn-out, marking a significant strategic shift.

Australian Bond Exchange Holdings (ASX: ABE) announces the resignation of director Anthony Hartman and the appointment of Robert Shaw and Mark O’Leary to its board, signaling a strategic boost in expertise.

Catalyst Metals has secured the Old Highway Gold Project from Sandfire Resources for A$32.5 million, aiming to boost production with a satellite mine feeding its Plutonic processing plant. The project promises a 4-year mine life producing 35,000 ounces annually at competitive costs.

DigitalX Limited has significantly increased its Solana token holdings, marking a strategic pivot to yield-generating digital assets through staking. The company aims to leverage this move to enhance recurring revenue and support blockchain ecosystem growth.

NTAW Holdings has terminated its Australian Dunlop tyre distribution agreements, entering new contracts with Sumitomo Rubber Industries and Goodyear entities, while continuing Dunlop distribution in New Zealand. The move marks a strategic pivot as NTAW aims to grow other business units and reduce costs.

Belararox Limited has entered a strategic option agreement with Minerals 260 to divest its Bullabulling gold and lithium tenements, refocusing its efforts on copper projects in Argentina and Botswana.

Super Retail Group has amended its FY25 sales growth figures while reporting improved like-for-like sales in the second half, alongside strategic investments in supply chain and store network expansion.

Super Retail Group updates key sales growth figures while outlining increased costs from system upgrades and distribution centre transitions, signaling a cautious outlook amid mixed retail conditions.

ANZ Group Holdings Limited has announced its 2025 interim dividend of 83 cents per share, partially franked and accompanied by New Zealand imputation credits. The bank’s Dividend Reinvestment Plan and Bonus Option Plan will continue without discount, underscoring steady shareholder returns.

Super Retail Group reports a 3.1% like-for-like sales growth in H2 FY25, driven by key brands and strategic investments in its omni-retail network and supply chain.

Super Retail Group reports steady sales growth driven by BCF and rebel brands, while facing increased costs from a new distribution centre and HR system upgrades.