Meridian Energy Ltd (ASX: MEZ) Share Price and News

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Meridian Energy Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $10.85 billion
P/E Ratio 34.60
Dividend Yield 3.74%
Shares Outstanding 2.58 billion
Earnings per share 0.134
Dividend per share 0.16
Year To Date Return -8.33%
Earnings Yield 2.89%
Franking N/A
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as at 24 Feb 3:44pm

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Meridian Energy Ltd (ASX: MEZ)
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MEZ 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 Meridian Energy Ltd

Meridian is New Zealand's largest electricity generator, operating hydro stations and wind farms in New Zealand. Nearly 90% of its electricity is generated from low-cost hydro power plants, with wind making up the rest. The company's main competitors are vertically integrated firms, such as Mercury NZ, Genesis Energy, Contact Energy, and Trustpower.

MEZ Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
20 May 2022 $4.21 $0.00 0.00% 81,540 $4.08 $4.21 $4.05
19 May 2022 $4.21 $0.04 0.96% 48,266 $4.17 $4.21 $4.11
18 May 2022 $4.17 $0.13 3.22% 69,840 $4.05 $4.26 $4.05
17 May 2022 $4.04 $-0.06 -1.46% 65,197 $4.11 $4.13 $4.03
16 May 2022 $4.10 $0.00 0.00% 31,814 $4.05 $4.10 $4.02
13 May 2022 $4.10 $-0.05 -1.20% 111,151 $4.15 $4.19 $4.02
12 May 2022 $4.15 $0.10 2.47% 43,815 $4.20 $4.25 $4.09
11 May 2022 $4.05 $-0.28 -6.47% 44,057 $4.19 $4.27 $4.05
10 May 2022 $4.33 $0.13 3.10% 29,607 $4.11 $4.33 $4.07
09 May 2022 $4.20 $0.08 1.94% 49,999 $4.17 $4.20 $4.10
06 May 2022 $4.12 $-0.09 -2.14% 23,607 $4.32 $4.32 $4.12
05 May 2022 $4.21 $0.01 0.24% 13,739 $4.28 $4.32 $4.21
04 May 2022 $4.20 $-0.05 -1.18% 14,234 $4.36 $4.36 $4.20
03 May 2022 $4.25 $-0.05 -1.16% 16,709 $4.30 $4.33 $4.23
02 May 2022 $4.30 $-0.05 -1.15% 50,003 $4.33 $4.40 $4.30
29 Apr 2022 $4.35 $-0.02 -0.46% 39,383 $4.41 $4.44 $4.30
28 Apr 2022 $4.37 $0.05 1.16% 30,868 $4.37 $4.40 $4.33
27 Apr 2022 $4.32 $-0.05 -1.14% 109,168 $4.39 $4.39 $4.29
26 Apr 2022 $4.37 $-0.07 -1.58% 25,658 $4.40 $4.44 $4.34
22 Apr 2022 $4.44 $-0.05 -1.11% 36,832 $4.48 $4.48 $4.38

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
03 May 2022 Neal Barclay Buy 89 $416
Participation in share purchase plan. IN NZD
08 Apr 2022 Mark Verbiest Buy 529 $2,695
Dividend Reinvestment Plan (DRP).
08 Apr 2022 Neal Barclay Buy 2 $10,879
Dividend Reinvestment Plan (DRP). http://www.aspecthuntley.com.au/asxdata/20220429/pdf/02516118.pdf#search=%22%22
IN NZD
02 Mar 2022 Neal Barclay Buy 78 $413
Participation in share purchase plan. http://www.aspecthuntley.com.au/asxdata/20220328/pdf/02503535.pdf
02 Feb 2022 Neal Barclay Buy 94 $430
Participation in share purchase plan. http://www.aspecthuntley.com.au/asxdata/20220302/pdf/02494702.pdf#search=%22%22
14 Jan 2022 Anake Goodall Buy 5 $23,750
On-market trade.
05 Jan 2022 Neal Barclay Buy 86 $420
Participation in share purchase plan. As per announcement on 20-01-2022
15 Oct 2021 Mark Cairns Buy 4 $23,527
Dividend Reinvestment Plan (DRP). Trading in NZD.
15 Oct 2021 Janice (Jan) Dawson Buy 1 $5,135
Dividend Reinvestment Plan (DRP). Trading in $NZD
15 Oct 2021 Mark Verbiest Buy 1 $5,038
Dividend Reinvestment Plan (DRP).

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Mark Verbiest Non-Executive DirectorNon-Executive Chairman Mar 2017
Mr Verbiest is an experienced company director, currently serving on the boards of companies and organisations which includes ANZ Bank New Zealand Limited (Director), Freightways Limited (Chairman)and the Advisory Board to New Zealand Treasury Advisory (Member). He is also a former board member of the Financial Markets Authority and former Chairman of both Spark New Zealand Limited and Transpower New Zealand Limited.
Mr Peter David Wilson Non-Executive Deputy ChairmanNon-Executive Director May 2011
Mr Wilson is a business consultant, formerly a partner of Ernst & Young and previously Chairman of Westpac New Zealand Limited. He has experience in banking, business establishment, problem resolution, asset sales and management of change functions. He has been part of companies undertaking capital-raising activities and has range of governance experience in the public market, in the private sector and with Crown-owned entities. He is currently Chair of Arvida Group Limited. He was Director of Farmlands Co-operative Society Limited, the Colonial Motor Company Limited. He is a member of Risk and Safety and Sustainability Committee.
Mr Mark Cooper Cairns Non-Executive Director Jul 2012
Mr Cairns has experience in infrastructure, port operations and transportation. He has been Chief Executive of Port of Tauranga Limited since 2005. Prior, he was Chief Executive of C 3 Limited (formerly Toll Owens Limited) for five years, following his role as General Manager (Central) at Fulton Hogan Limited. He is Chair of Quality Marshalling (Mount Maunganui) Limited and is a director of Northport Limited and Port of Tauranga Trustee Company Limited. He has also previously held director roles in PrimePort Timaru Limited, C 3 Limited and Tapper Transport Limited. He is Chair of the Safety and Sustainability Committee.
Ms Janice (Jan) Amelia Dawson Non-Executive Director Nov 2012
Ms Dawsonis is Chair of Westpac New Zealand, Deputy Chair of Air New Zealand Limited, Director of AIG Insurance New Zealand Limited and Beca Group. She was previously the Chair and Chief Executive of KPMG New Zealand with a career spanning 30 years specialising in audit and accounting services in the United Kingdom, Canada and New Zealand. She is a Vice President of World Sailing a Councillor of the University of Auckland. She was previously President of Yachting New Zealand and a director of Goodman Fielder Limited and Counties Manukau District Health Board. She is Chair of the People Committee and a member of Risk Committee.
Ms Tania Joy Te Rangingangana Simpson Non-Executive Director Aug 2021
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Mr Anake Goodall Non-Executive Director May 2011
Mr Goodall has management and governance experience which includes being a union delegate in the meat industry and a founding director of the Makarewa Credit Union, holding executive roles in community-based organisations, and being an adviser to Government and iwi. In past executive roles he served as Chief Executive Officer of Te Runanga o Ngai Tahu, and was before that he manages all aspects of Ngai Tahu's Treaty settlement process. He is the past Chair of the Akina Foundation, and Chairs the Hillary Institute of International Leadership and Seed The Change ; He Kakano Hapai. He is a director of Nutrient Rescue, Trustee of The Gift Trust and is an Adjunct Professor at the University of Canterbury. He is a New Zealand Harkness Fellow.
Ms Julia Cecile Hoare Non-Executive Director Sep 2019
Ms Hoare has governance, financial, accounting and auditing expertise. Her executive career at PWC includes experience in sustainability and risk management. She has a governance pedigree and is currently a Director of New Zealand companies which includes Auckland International Airport, Port of Tauranga, a2 Milk, Watercare Services and AWF Madison. In addition to financial experience in both the private and public sectors, her skills also span infrastructure, logistics, utilities and business practices. She is Chair of Risk Committee.
Mrs Nagaja Tharanginee Sanatkumar Non-Executive Director Jan 2020
Mrs Sanatkumar has over 20 years global executive and leadership experience. She has an international career which includes senior roles at both Amazon and Expedia. While at Amazon, she led facets of Online Grocery, Trade In and Rentals, which build her expertise across retail, customer experience innovation, P&L ownership and digital technology. She took consultancy role with Deloitte. She is also a Director for New Zealand Post. Previously she held the position of General Manager Global Digital at Icebreaker. She is a Member of the People Committee.
Ms Michelle Henderson Non-Executive Director Oct 2019
Ms Henderson has engineering and industrial expertise with more than 20 years of experience in the Australasian industry sector. Based in Invercargill, she is a former executive of Rio Tinto, both in New Zealand and Australia. Ms Henderson previously held the role of Chief Operating Officer of PowerNet, an electricity distribution company and has lead employees across risk management, health and safety, infrastructure, and operations. She has experience in business delivery, process innovation, and ensuring people safety. She is a member of the Safety & Sustainability Committee and Risk Committee.
Mr Neal Anthony Barclay Chief Executive Officer Dec 2017
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Mr Jason Woolley Company SecretaryGeneral Counsel Dec 2019
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Lisa Hannifin Chief Customer Officer
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Neal Anthony Barclay Chief Executive Officer
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Nic Kennedy Chief Executive Flux Federation Limited
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Jason Stein Chief Executive Meridian Energy Australia Pty Limited Powershop Australia Pty Limited
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Mike Roan Chief Financial Officer
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Tania Palmer Chief People Officer
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Jason Woolley Company SecretaryGeneral Counsel
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Claire Shaw General Manager Corporate Affairs and Sustainabillity
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Guy Waipara General Manager Generation and Natural Resources
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Chris Ewers General Manager Wholesale
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Her Majesty The Queen In Right Of New Zealand 1,307,586,374 51.01%
HSBC Nominees (New Zealand) Limited 131,033,565 5.11%
HSBC Nominees (New Zealand) Limited A/C State Street 113,085,329 4.41%
J.P. Morgan Chase Bank Na NZ Branch-Segregated Clients Acct 91,811,900 3.58%
Citibank Nominees (New Zealand) Limited 89,840,670 3.50%
Accident Compensation Corporation 52,164,972 2.03%
National Nominees Limited 34,622,131 1.35%
HSBC Nominees A/C NZ Superannuation Fund Nominees Limited 31,667,841 1.23%
BNP Paribas Nominees (NZ) Limited 29,950,059 1.16%
Custodial Services Limited 28,771,467 1.12%
BNP Paribas Nominees (NZ) Limited I 25,301,457 0.98%
JBWere (NZ) Nominees Limited 24,059,850 0.93%
Custodial Services Limited I 23,098,774 0.90%
Forsyth Barr Custodians Limited 18,451,631 0.72%
HSBC Custody Nominees (Australia) Limited 18,162,568 0.70%
BNP Paribas Nominees (NZ) Limited II 18,141,529 0.70%
TEA Custodians Limited Client Property Trust Account 17,514,992 0.68%
New Zealand Depository Nominee Limited 17,104,009 0.66%
Custodial Services Limited II 16,025,175 0.62%
ANZ Wholesale Australasian Share Fund 14,455,001 0.56%

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