Lendlease Group (ASX: LLC) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
-
1 Year Return
Lendlease Group Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$4.71 billion
P/E Ratio
333.33
Dividend Yield
2.41%
Shares Outstanding
689.63 million
Earnings per share
-0.340
Dividend per share
0.16
Year To Date Return
-10.33%
Earnings Yield
0.30%
Franking
41.981981982
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
Lendlease Group (ASX: LLC)
Latest News
Real Estate Shares
The 2 ASX real estate shares everyone's piling on to right now
Share Market News
These are the 10 most shorted ASX shares
Investing Strategies
The 3 best ASX sectors to buy now for 2024
Share Market News
Here's how the ASX 200 market sectors stacked up this week
Share Market News
Here are the top 10 ASX 200 shares today
Real Estate Shares
Forget the home loan! How to invest in property with ASX shares
Opinions
Down 20%+ in a year, are these ASX 200 shares great buys for opportunistic investors?
Dividend Investing
6 ASX 300 shares trading ex-dividend before the end of the week
Cheap Shares
Down 70% in 2 years: 2 ASX 200 shares to buy for dirt cheap now
Share Fallers
Why Beach, Bendigo Bank, Elders, and Lendlease shares are dropping today
Earnings Results
Lendlease share price sinks on $232 million full-year loss
Share Market News
5 things to watch on the ASX 200 on Monday
Frequently Asked Questions
-
Yes, Lendlease has historically paid two unfranked or partially franked shareholder dividends a year.
-
Lendlease generally pays its shareholder dividends in March and September.
-
Yes, eligible shareholders can reinvest their dividends to acquire more Lendlease securities through the company’s dividend reinvestment plan (DRP).
-
Lendlease Group listed on the ASX on 30 June 1962.
Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 18 Aug 2023 | $0.1110 | 41.98% | Final | 13 Sep 2023 |
| 17 Feb 2023 | $0.0490 | 0.00% | Interim | 08 Mar 2023 |
| 26 Aug 2022 | $0.1100 | 38.91% | Final | 21 Sep 2022 |
| 25 Feb 2022 | $0.0500 | 0.00% | Interim | 16 Mar 2022 |
| 20 Aug 2021 | $0.1200 | 0.00% | Final | 15 Sep 2021 |
| 26 Feb 2021 | $0.1500 | 37.20% | Interim | 17 Mar 2021 |
| 21 Aug 2020 | $0.0326 | 0.00% | Final | 15 Sep 2020 |
| 27 Feb 2020 | $0.3000 | 0.00% | Interim | 17 Mar 2020 |
| 23 Aug 2019 | $0.3000 | 0.00% | Final | 16 Sep 2019 |
| 01 Mar 2019 | $0.1200 | 0.00% | Interim | 20 Mar 2019 |
| 28 Aug 2018 | $0.3500 | 0.00% | Final | 21 Sep 2018 |
| 27 Feb 2018 | $0.3400 | 0.00% | Interim | 22 Mar 2018 |
| 01 Sep 2017 | $0.0000 | 0.00% | Final | 20 Sep 2017 |
| 02 Mar 2017 | $0.3300 | 0.00% | Interim | 24 Mar 2017 |
| 24 Aug 2016 | $0.3000 | 0.00% | Final | 14 Sep 2016 |
| 23 Feb 2016 | $0.3000 | 0.00% | Interim | 15 Mar 2016 |
| 03 Mar 2014 | $0.2200 | 0.00% | Interim | 21 Mar 2014 |
| 05 Sep 2013 | $0.2000 | 0.00% | Final | 27 Sep 2013 |
| 04 Mar 2013 | $0.2200 | 0.00% | Interim | 27 Mar 2013 |
| 06 Sep 2012 | $0.1540 | 0.00% | Final | 28 Sep 2012 |
| 05 Mar 2012 | $0.1120 | 0.00% | Interim | 30 Mar 2012 |
| 12 Sep 2011 | $0.1050 | 0.00% | Final | 30 Sep 2011 |
| 04 Mar 2011 | $0.1700 | 58.82% | Interim | 30 Mar 2011 |
| 06 Sep 2010 | $0.1200 | 100.00% | Final | 24 Sep 2010 |
| 04 Mar 2010 | $0.2000 | 100.00% | Interim | 31 Mar 2010 |
LLC 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.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Lendlease Group
Lendlease Group (ASX: LLC) is an international property development and construction business operating across Australia, the Americas, the UK, Europe, and Asia.
The business comprises three segments: development, investments, and construction. The company is in the transition phase from being a development-led to an investments-led business with capital being reweighted to its investments segment.
This strategy stems from a period where the company's future pipeline was so large, it could not be funded from its own balance sheet. The group is selling stakes in its projects to its funds management clients as well as seeking joint venture partners. This move sacrifices development profit, in return for management fees, reduced risk, and capital to accelerate the company's development pipeline.
Construction generates large revenues but slim margins. This business segment is currently being retained to preserve expertise and scale for Lendlease's development business. Lendlease sold its engineering and services business during the pandemic, but retains some risks, notably the Melbourne Metro project which has years to run. It has also divested its retirement living business.
LLC Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 08 Dec 2023 | $6.87 | $0.02 | 0.29% | 1,858,100 | $6.81 | $6.90 | $6.76 |
| 07 Dec 2023 | $6.85 | $-0.01 | -0.15% | 2,908,125 | $6.87 | $6.87 | $6.78 |
| 06 Dec 2023 | $6.86 | $0.27 | 4.10% | 3,174,406 | $6.60 | $6.93 | $6.60 |
| 05 Dec 2023 | $6.59 | $-0.13 | -1.93% | 1,751,885 | $6.69 | $6.71 | $6.56 |
| 04 Dec 2023 | $6.72 | $0.11 | 1.66% | 2,280,661 | $6.70 | $6.85 | $6.67 |
| 01 Dec 2023 | $6.61 | $-0.02 | -0.30% | 2,658,203 | $6.50 | $6.69 | $6.48 |
| 30 Nov 2023 | $6.63 | $-0.04 | -0.60% | 74,659,463 | $6.63 | $6.72 | $6.46 |
| 29 Nov 2023 | $6.67 | $0.11 | 1.68% | 5,847,008 | $6.58 | $6.86 | $6.58 |
| 28 Nov 2023 | $6.56 | $0.22 | 3.47% | 3,808,445 | $6.39 | $6.64 | $6.30 |
| 27 Nov 2023 | $6.34 | $-0.11 | -1.71% | 3,785,193 | $6.49 | $6.49 | $6.30 |
| 24 Nov 2023 | $6.45 | $0.02 | 0.31% | 1,688,055 | $6.42 | $6.49 | $6.38 |
| 23 Nov 2023 | $6.43 | $0.05 | 0.78% | 1,741,674 | $6.36 | $6.44 | $6.36 |
| 22 Nov 2023 | $6.38 | $-0.21 | -3.19% | 3,149,500 | $6.53 | $6.58 | $6.35 |
| 21 Nov 2023 | $6.59 | $-0.16 | -2.37% | 2,030,513 | $6.68 | $6.75 | $6.56 |
| 20 Nov 2023 | $6.75 | $-0.10 | -1.46% | 2,807,111 | $6.78 | $6.85 | $6.70 |
| 17 Nov 2023 | $6.85 | $0.15 | 2.24% | 4,158,340 | $6.67 | $6.85 | $6.61 |
| 16 Nov 2023 | $6.70 | $0.19 | 2.92% | 3,971,518 | $6.56 | $6.76 | $6.53 |
| 15 Nov 2023 | $6.51 | $0.09 | 1.40% | 5,897,732 | $6.57 | $6.69 | $6.46 |
| 14 Nov 2023 | $6.42 | $0.14 | 2.23% | 1,476,025 | $6.35 | $6.48 | $6.35 |
| 13 Nov 2023 | $6.28 | $-0.01 | -0.16% | 2,354,733 | $6.28 | $6.33 | $6.22 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 27 Nov 2023 | Anthony (Tony) Lombardo | Issued | 384,744 | $2,439,276 |
Issue of securities. 10,50,959 Rights
|
| 24 Oct 2023 | Anthony (Tony) Lombardo | Issued | 52,136 | $404,992 |
Issue of securities.
|
| 01 Sep 2023 | Anthony (Tony) Lombardo | Expiry | 101,556 | $789,090 |
As advised by the company. Lapsed, 6,66,215 Rights
|
| 01 Sep 2023 | Anthony (Tony) Lombardo | Exercise | 55,273 | $429,471 |
Conversion of securities. 7,67,771 Rights
|
| 01 Sep 2023 | Anthony (Tony) Lombardo | Buy | 55,273 | $429,471 |
Conversion of securities.
|
| 01 Sep 2023 | Anthony (Tony) Lombardo | Issued | 607 | $4,716 |
Conversion of securities.
|
| 01 Sep 2023 | Anthony (Tony) Lombardo | Sell | 5,645 | $43,861 |
As advised by the company. securities automatically sold to
cover Singapore withholding tax |
| 01 Sep 2023 | Anthony (Tony) Lombardo | Exercise | 607 | $4,716 |
Conversion of securities. 6,66,215 Rights, As per announcement on 08-09-2023
|
| 16 Aug 2023 | Philip Coffey | Buy | 20,000 | $159,504 |
On-market trade.
|
| 16 Aug 2023 | Ann Chan | Buy | 7,000 | $56,070 |
On-market trade.
|
| 15 Aug 2023 | Elizabeth Proust | Buy | 10,000 | $81,648 |
On-market trade.
|
| 15 Aug 2023 | Ann Chan | Buy | 10,000 | $81,400 |
On-market trade.
|
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Ms Elizabeth Mary Proust | Non-Executive Director | Feb 2018 |
Ms Proust is one of Australia's business figures and has had a diverse career holding leadership roles in the public and private sectors for over 30 years. Ms Proust spent eight years at ANZ Group including four years as MD of Esanda, MD of Metrobanking and Group General Manager, Human Resources, Corporate Affairs and Management Services. Before joining ANZ, Ms Proust was Secretary (CEO) of the Department of Premier and Cabinet (Victoria) and Chief Executive of the City of Melbourne. Ms Proust has extensive board experience in listed and private companies, subsidiaries, and joint ventures, as well as government and not for profits. She is Chair of the People and Culture Committee, Member of the Risk Committee and Sustainability Committee.
|
| Mr Nicholas Roland Collishaw | Non-Executive Director | Dec 2021 |
Mr Collishaw is a property executive and non-executive director with more than 40 years of expertise gained across Lendlease's segments of Development, Construction, and Investments. During his career he has overseen the development and delivery of several and ground-breaking projects across the commercial, industrial, and retail sectors. Mr Collishaw currently serves as the joint Chief Executive Officer of Lincoln Place Pty Ltd, a boutique funds management entity focused on affordable retirement accommodation, and is Chairman of hospitality group, Redcape Hotel Group. Until his recent retirement, he was a nonexecutive director of ASX-listed investment manager, Centuria Capital. Mr Collishaw's executive career comprised several roles including Centuria Capital's Chief Executive Officer of Listed Property. He is member of People and Culture Committee and Risk Committee.
|
| Mr Michael James Ullmer | Non-Executive DirectorNon-Executive Chairman | Dec 2011 |
Mr Ullmer brings to the Board strategic, financial and management experience accumulated over his career in international banking, finance, and professional services. He was the Deputy Group Chief Executive Officer of the National Australia Bank (NAB) from 2007 until he retired from the Bank in August 2011. He joined NAB in 2004 as Finance Director and held several positions including Chairman of the subsidiaries Great Western Bank (US) and JB Were. Prior to NAB, Mr Ullmer was at Commonwealth Bank of Australia, initially as Group Chief Financial Officer and then Group Executive with responsibility for Institutional and Business Banking. He is also Member of the People and Culture Committee, Risk Committee and Sustainability Committee.
|
| Mr Philip Mathew Coffey | Non-Executive Director | Jan 2017 |
Mr Coffey served as the Deputy Chief Executive Officer (CEO) of Westpac Banking Corporation from April 2014 until his retirement in May 2017. As the Deputy CEO, Mr Coffey had the responsibility of overseeing and supporting relationships with stakeholders of Westpac including industry groups, regulators, customers, and government. He was also responsible for the Group's Mergers and Acquisitions function. Prior to this role, Mr Coffey held several executive positions at Westpac including Chief Financial Officer and Group Executive, Westpac Institutional Bank. He has led operations based in Australia, New Zealand, the United States, the United Kingdom, and Asia and has experience in financial markets, funds management, balance sheet management and risk management. He began his career at the Reserve Bank of Australia and has also held executive positions at Citibank. He is Chair of the Risk Committee and Member of the Sustainability Committee
|
| Mr David Paul Craig | Non-Executive Director | Mar 2016 |
Mr Craig is a business leader with an international career spanning over 40 years in finance, accounting, audit, risk management, strategy and mergers and acquisitions in the banking, property, and professional services industries. He was the Chief Financial Officer (CFO) of Commonwealth Bank of Australia from 2006 through the GFC, until he retired in June 2017. At Commonwealth Bank, he was responsible for leading the finance, treasury, property, security, audit, and investor relations teams. Mr Craig's previous leadership roles have included CFO for Australand Property Group, Global CFO for PwC Consulting, and a Partner at PwC (17 years). He is Member of the People and Culture Committee and Risk Committee.
|
| Mr Anthony (Tony) Peter Lombardo | Chief Executive OfficerManaging Director | Jun 2021 |
Mr Lombardo has more than 25 years of experience working across real estate development, investment management, finance, mergers, and acquisitions (M&A) and strategy in Australia and internationally. Tony joined Lendlease in 2007 as Group Head of Strategy and M&A where he led several initiatives including refocusing the Group's overall business strategy. In 2011, he was appointed Group Chief Financial Officer and played a role in enhancing the flexibility of the Group's capital structure via a stapled structure as well as broadening its funding and banking relationships. He also implemented a range of people focused initiatives including creation of the Young Indigenous Pathways program, which provides mentoring opportunities for young Indigenous students.
|
| Ms Nicola Wakefield Evans | Non-Executive Director | Sep 2013 |
Ms Evans is a business leader and Non-Executive Director with commercial, business management, strategy and legal experience gained over a 30-year international career. Ms Evans has had a diverse career as one of Australasia's corporate finance lawyers and held several senior management and leadership positions at King and Wood Mallesons (KWM), including Managing Partner International in Hong Kong, where she was responsible for the overall governance and strategic positioning of the business in the Asia region. She has experience in the financial services, resources and energy and infrastructure sectors. She also has international experience working in Australia, New York and Hong Kong. She is also Chair of the Sustainability Committee and Member of the Risk Committee.
|
| Mr Robert (Bob) Welanetz | Non-Executive Director | Mar 2020 |
Mr Welanetz is based in the US and has executive, advisory, strategic, and operational experience in the property and construction sectors gained over an international career spanning over 40 years. In his most recent role, Mr Welanetz served as Chief Executive Officer in the property division of Majid Al Futtaim (MAF), based in Dubai, where he had overall responsibility for managing MAF's property portfolio and development pipeline. Mr Welanetz retired from that position in 2018. Prior to joining MAF, Mr Welanetz spent over seven years in a global role in Blackstone's Real Estate Group advising and identifying acquisition opportunities in retail real estate and providing strategic guidance for Blackstone's portfolio of retail assets and retail operating companies. He is Member of the Risk Committee and of the People and Culture Committee.
|
| Ms Ann Soo(Margaret) Chan | Non-Executive Director | Dec 2022 |
Ms Lui is currently the Chief Executive Officer and Executive Director of Azalea Asset Management, which she helped to found in 2015. At Azalea, Ms Lui leads an experienced team of investment managers, overseeing a portfolio valued at US$10 billion. Ms Lui was previously a member of the investment team at Temasek Holdings and involved in direct investments across a variety of sectors including transportation, industrial, real estate investments, and major redevelopment projects in Asia. She has a record in restructuring, transforming, and creating new Temasek businesses and led the startup of several business joint ventures including Tiger Airways and Jetstar Asia, and the creation of Cityspring Infrastructure, the first infrastructure business trust listed on the Singapore Exchange. She is Member of the People and Culture Committee, Risk Committee, and of the Sustainability Committee.
|
| Ms Barbara Antonia Knoflach | Non-Executive Director | Oct 2023 |
--
|
| Ms Wendy Won-Yi Lee | Company Secretary |
-
|
|
| Ms Karen Pedersen | Company SecretaryGeneral Counsel |
-
|
|
| Claire Johnston | CEO Americas |
-
|
|
| Justin Gabbani | CEO Asia |
-
|
|
| Dale Connor | CEO Australia |
-
|
|
| Neil Martin | CEO Europe |
-
|
|
| Wendy Won-Yi Lee | Company Secretary |
-
|
|
| Karen Pedersen | Company SecretaryGeneral Counsel |
-
|
|
| Simon Dixon | Group Chief Financial Officer |
-
|
|
| Frank Krile | Group Chief Risk Officer |
-
|
Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| Hsbc Custody Nominees (Australia) Limited | 252,158,265 | 36.58% |
| Citicorp Nominees Pty Limited | 86,987,290 | 12.62% |
| J P Morgan Nominees Australia Pty Limited | 80,892,032 | 11.74% |
| Bnp Paribas Noms Pty Ltd <Drp> | 30,937,471 | 4.49% |
| National Nominees Limited | 26,810,628 | 3.89% |
| Ll Employee Holdings Custodian Pty Limited <Castle Account A/C> | 14,075,522 | 2.04% |
| Argo Investments Limited | 6,980,092 | 1.01% |
| Ll Employee Holdings Custodian Pty Limited <Esap Sti A/C> | 5,854,261 | 0.85% |
| BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <Drp A/C> | 3,733,977 | 0.54% |
| Hmc Capital Partners Holdings Pty Ltd <Hmc Cap Prtns Hlds A/C> | 3,500,000 | 0.51% |
| Netwealth Investments Limited <Wrap Services A/C> | 3,494,129 | 0.51% |
| Bnp Paribas Nominees Pty Ltd <Agency Lending Drp A/C> | 2,333,705 | 0.34% |
| Home Consortium Limited | 2,306,237 | 0.33% |
| Buttonwood Nominees Pty Ltd | 2,160,983 | 0.31% |
| HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> | 2,042,426 | 0.30% |
| Bnp Paribas Nominees Pty Ltd Acf Clearstream | 2,033,154 | 0.29% |
| Custodial Services Limited <Beneficiaries Holding A/C> | 1,838,191 | 0.27% |
| Citicorp Nominees Pty Limited <Colonial First State Inv A/C> | 1,779,902 | 0.26% |
| Bnp Paribas Noms (Nz) Ltd <Drp> | 1,429,578 | 0.21% |
| Solium Nominees (Australia) Pty Ltd <Vsa A/C> | 1,374,982 | 0.20% |
