The a2 Milk Co Ltd (ASX: A2M) Share Price and News

Price

 

Movement

   

  (20 mins delayed)

52 Week Range

  -  

 
1 Year Return

 

A2 Milk Company Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $3.01 billion
P/E Ratio 166.67
Dividend Yield N/A
Shares Outstanding 743.66 million
Earnings per share 0.027
Dividend per share N/A
Year To Date Return -25.82%
Earnings Yield 0.60%
Franking N/A
Share Price

Day Change

52 Week Range

-

Yesterday's Close

Today's Open

Days Range

-

Volume

Avg. Volume (1 month)

Turnover

as at 24 Feb 3:44pm

Should you invest $1,000 in right now?

Before you consider , you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

The a2 Milk Co Ltd (ASX: A2M)
Latest News

a woman holds her hands to her temples as she sits in front of a computer screen with a concerned look on her face.
Share Fallers

Why A2 Milk, Gold Road, GrainCorp, and Monash IVF shares are dropping

These ASX shares are falling on Friday...

Read more »

Close up of baby looking puzzled
Consumer Staples & Discretionary Shares

Which is the better beaten-up buy, Bubs or A2 Milk shares?

A decline in the Chinese infant formula market has hurt both of these companies.

Read more »

Person with thumbs down and a red sad face poster covering the face.
Share Fallers

Why A2 Milk, Imugene, Liontown, and Magellan shares are tumbling lower

These ASX shares are falling hard on Monday...

Read more »

ASX shares downgrade A young woman with tattoos puts both thumbs down and scrunches her face with the bad news.
Broker Notes

A2 Milk share price sinks to multi-year low following broker downgrade

This broker is no longer bullish on the struggling infant formula company...

Read more »

Young girl drinking glass of milk
Consumer Staples & Discretionary Shares

What’s the outlook for the A2 Milk share price in May?

Here's what experts have recently forecasted for the former market darling's stock.

Read more »

milk asx share price falling represented by sad child with glass of milk
Consumer Staples & Discretionary Shares

The A2 Milk share price plunged 15% in April. What went wrong?

What's gone so wrong for A2 Milk shares this month?

Read more »

Older man and young boy smiling while drinking milk with milk moustaches
Consumer Staples & Discretionary Shares

Despite continuing woes in China, here’s what to like about A2 Milk shares

Could the embattled infant formula company’s shares be a bargain at current prices?

Read more »

two smiling people, a man and a woman, raise a hand in a wave as they are tethered to each other while they skydive against a clear sky with a covering of clouds below before their parachute opens.
Broker Notes

It’s time to buy these 2 fallen ASX shares again: expert

One professional has named a pair of beaten-down stocks he that thinks is ready for a massive rebound.

Read more »

Frequently Asked Questions

The a2 Milk Company Ltd does not currently pay a dividend.

The a2 Milk Company Ltd does not currently have a dividend reinvestment program.

A2M ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About The a2 Milk Co Ltd

A2 Milk Company Ltd (ASX: A2M) is a fresh milk and infant formula company that sources, produces and supplies a2 brand milk and milk-related products in Australia and globally. a2 Milk holds the mantle as the only producer of fresh cows' milk that naturally contains the A2 protein type and no A1 protein.

After listing on the ASX in 2015, the A2M share price has gone from strength to strength, becoming one of Australia’s largest listed companies. However, the company has been under pressure since July 2020 amid a rapidly changing infant formula market and daigou channel in China. The A2M share price has plummeted more than 70% in the 15 months since.

A2M Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
13 May 2022 $4.05 $-0.06 -1.46% 3,821,794 $4.11 $4.13 $3.99
12 May 2022 $4.11 $-0.05 -1.20% 3,434,136 $4.11 $4.14 $4.07
11 May 2022 $4.16 $0.18 4.52% 3,439,397 $3.98 $4.17 $3.98
10 May 2022 $3.98 $-0.05 -1.24% 4,602,567 $3.90 $4.03 $3.90
09 May 2022 $4.03 $-0.18 -4.28% 4,315,123 $4.19 $4.20 $3.99
06 May 2022 $4.21 $-0.05 -1.17% 3,743,490 $4.20 $4.26 $4.18
05 May 2022 $4.26 $0.06 1.43% 1,906,953 $4.21 $4.28 $4.21
04 May 2022 $4.20 $-0.14 -3.23% 3,103,358 $4.34 $4.38 $4.18
03 May 2022 $4.34 $-0.04 -0.91% 1,981,346 $4.37 $4.46 $4.34
02 May 2022 $4.38 $-0.08 -1.79% 1,834,186 $4.39 $4.43 $4.36
29 Apr 2022 $4.46 $0.09 2.06% 2,926,450 $4.38 $4.48 $4.38
28 Apr 2022 $4.37 $-0.02 -0.46% 2,200,483 $4.39 $4.45 $4.35
27 Apr 2022 $4.39 $-0.11 -2.44% 5,843,761 $4.45 $4.48 $4.33
26 Apr 2022 $4.50 $-0.08 -1.75% 6,210,929 $4.55 $4.58 $4.47
22 Apr 2022 $4.58 $-0.11 -2.35% 2,932,175 $4.65 $4.67 $4.58
21 Apr 2022 $4.69 $-0.03 -0.64% 3,723,594 $4.72 $4.76 $4.62
20 Apr 2022 $4.72 $0.12 2.61% 4,300,967 $4.61 $4.76 $4.59

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
21 Feb 2022 David Bortolussi Exercise 155 $916,731
Conversion of securities. 1,125,124 - Time based rights & Performance rights
21 Feb 2022 David Bortolussi Buy 155 $916,731
Conversion of securities.
22 Oct 2021 David Bortolussi Issued 969 $6,679,737
Issue of securities. 1,280,766 - time-based rights and performance rights
As per announcement on 29/10/2021.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Warwick Lynton Every-Burns Non-Executive Director Aug 2016
Mr Every-Burns has been a career Consumer Packaged Goods (CPG) executive of global scale. His executive roles have included a career with The Clorox Company of the USA as Senior Vice President, International, based in the USA and prior to that as VP Asia Pacific. His earlier roles included Managing Director of NationalPak Limited (the Glad Products Company ultimately acquired by Clorox) and a long career with Unilever plc where he was based in Australia. Warwick is a Non-Executive Director of one of the leading international wine companies, the ASX listed Treasury Wine Estates Limited. He is chairperson of the People committee and Member of the Risk committee.
Ms Julia Cecile Hoare Non-Executive Deputy ChairmanNon-Executive Director Nov 2013
Ms Hoare has chartered accounting experience in Australia, the UK and New Zealand and was a partner with PwC NZ for 20 years. She was a member of the New Zealand External Reporting Advisory Panel from 2013 to 2021, a body designed to support the standard setting process of the New Zealand External Reporting Board. She was also a member of The New Zealand Sustainable Finance Forum Leadership Group. She is a director of Port of Tauranga Limited, Auckland International Airport Limited and Meridian Energy Limited. She is also the President of the New Zealand Institute of Directors. She is chairperson of the Risk committee.
Mr David Landt Bortolussi Chief Executive OfficerManaging Director Feb 2021
Mr Bortolussi joins the A2M from his most recent role as Group President - International Innerwear, HanesBrands. He joined Pacific Brands in 2009 initially as Chief Financial & Operating Officer taking over as CEO in 2014, during which he restructured and transformed the business into a brand focused, omni-channel retailer with wholesale partnerships. In 2016, HanesBrands acquired Pacific Brands and expanded David's role to cover Australasia and subsequently its international innerwear operations outside of the Americas. Over this period, David has been responsible for and had experience in Pacific Brands and Hanesbrands' Asian sourcing markets, particularly China including various brand distribution partnerships in the region. Prior to this David spent five years at Foster's Group, where he held the role of Chief Strategy Officer responsible for corporate strategy, M&A, business development and performance improvement. Prior to Foster's Group, David held senior consulting roles at McKinsey & Company and PwC.
Mr David Hearn Non-Executive ChairmanNon-Executive Director Mar 2015
Mr Hearn has experience and skills in executive management, sales and marketing and strategy development in fast moving consumer goods (FMCG) in international markets. He has held senior executive roles including Chief Executive Officer or Managing Director roles for FMCG companies including Goodman Fielder Limited, UB Snack Foods Europe/ Asia, Pepsico foods Europe, Del Monte UK, Smith's Crisps and for the marketing services group, Cordiant Communications Group. He is also Chairman of SafeStore Holdings plc (a UK FTSE listed company) and Lovat Partners Limited.
Ms Philippa (Pip) Mary Greenwood Non-Executive Director Jul 2019
Ms Greenwood currently is director on the boards of Westpac New Zealand, Spark New Zealand, Fisher & Paykel Healthcare and Vulcan Steel. She was previously a senior partner at law firm Russell McVeagh, where she spent over 10 years on the firm's board including acting as the firm's board Chair and interim CEO. She is member of the People committee.
Ms Sandra Yu Non-Executive Director Mar 2022
Ms Yu is an experienced executive in consumer goods industries, and importantly in the infant milk formula ("IMF") market in China. She also has experience of driving business and brand transformation, leveraging opportunities for growth, and building organisational capabilities across China as well as the USA and other parts of Asia. As the former head of Mead Johnson Nutrition's Greater China business, Sandra was a member of the Mead Johnson Nutrition's Global leadership team. Prior to that, Sandra held various other senior executive roles at Mead Johnson Nutrition, including as the Global Marketing Vice President, responsible for transition to new digital media and ecommerce channels globally. Sandra was also appointed as the non-executive chairwoman to lead RB China advisory board after the merger between Reckitt Benckiser and Mead Johnson Nutrition in 2017. Prior to joining Mead Johnson, Sandra held executive positions at Unilever, where she worked across Asia for thirteen years.
Mr Jaron McVicar Company SecretaryGeneral Counsel Nov 2016
-
Race Strauss Chief Financial Officer
-
Janelle Tong Chief Marketing Officer
-
Shareef Khan Chief Operations Officer
-
Eleanor Khor Chief Strategy Officer
-
Jaron McVicar Company SecretaryGeneral Counsel
-

Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 60,611,554 8.15%
HSBC Nominees (New Zealand) Limited 53,855,348 7.24%
Citibank Nominees (NZ) Ltd 40,841,768 5.49%
JPMorgan Chase Bank 29,939,954 4.03%
Accident Compensation Corporation 24,494,414 3.29%
Citicorp Nominees Pty Limited 23,898,739 3.21%
JP Morgan Nominees Australia Pty Limited 23,026,535 3.10%
Tea Custodians Limited 20,864,147 2.81%
HSBC Nominees (New Zealand) Limited (1) 20,418,715 2.75%
BNP Paribas Nominees NZ Limited 16,242,604 2.18%
New Zealand Superannuation Fund Nominees 14,860,290 2.00%
New Zealand Depository Nominee 13,574,007 1.83%
Citicorp Nominees Pty Limited (1) 13,468,991 1.81%
National Nominees Limited 12,413,738 1.67%
Custodial Services Limited 11,376,755 1.53%
Premier Nominees Limited 8,603,719 1.16%
FNZ Custodians Limited 6,884,754 0.93%
Forsyth Barr Custodians Limited 6,440,461 0.87%
BNP Paribas Nominees NZ Limited (1) 5,972,474 0.80%
JBWere (NZ) Nominees Limited 5,826,815 0.78%

Profile

since

Note