Nine Entertainment Co. Holdings Ltd (ASX: NEC) Share Price and News

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Nine Entertainment Co Holdings Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $4.72 billion
P/E Ratio 43.86
Dividend Yield 2.53%
Shares Outstanding 1.71 billion
Earnings per share -0.261
Dividend per share 0.07
Year To Date Return 21.55%
Earnings Yield 2.28%
Franking 100%
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as at 24 Feb 3:44pm

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Nine Entertainment Co. Holdings Ltd (ASX: NEC)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
04 Mar 2021 $0.0500 100.00% Interim 20 Apr 2021
09 Sep 2020 $0.0200 100.00% Final 20 Oct 2020
05 Mar 2020 $0.0500 100.00% Interim 20 Apr 2020
26 Sep 2019 $0.0500 100.00% Final 17 Oct 2019
05 Mar 2019 $0.0500 100.00% Interim 18 Apr 2019
04 Sep 2018 $0.0500 100.00% Final 17 Oct 2018
06 Mar 2018 $0.0500 100.00% Interim 18 Apr 2018
04 Sep 2017 $0.0500 100.00% Final 19 Oct 2017
07 Mar 2017 $0.0450 100.00% Interim 19 Apr 2017
05 Sep 2016 $0.0400 100.00% Final 19 Oct 2016
02 Mar 2016 $0.0800 100.00% Interim 19 Apr 2016
14 Sep 2015 $0.0500 100.00% 19 Oct 2015
06 Mar 2015 $0.0420 0.00% 17 Apr 2015
03 Sep 2014 $0.0420 0.00% Final 17 Oct 2014

NEC 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 Nine Entertainment Co. Holdings Ltd

Nine Entertainment Co Holdings Ltd (ASX:NEC) is Australia’s biggest, locally owned media company. Nine’s extensive range of entertainment assets span television, radio, print, video on demand, digital and subscription video platforms. The company operates some of the country’s most well-known media brands including the 9 television network, radio stations 2GB and 3AW, newspapers The Age, The Sydney Morning Herald and The Australian Financial Review, subscription streaming service Stan and digital platforms such as nine.com.au. Nine Entertainment also holds a 60% ownership of real estate and technology services business, Domain Holdings Limited (DHG).

Nine Entertainment originally started life as Australian Consolidated Press (ACP) and then Publishing and Broadcasting Ltd (PBL), both created and operated by the Packer family. The Packers ceased all involvement with company in 2008 and, in 2018, Nine Entertainment merged with Fairfax Media.

The company listed on the ASX in December 2013. Since then, the Nine Entertainment share price has experienced a bumpy ride and was particularly hard hit during the March 2020 bear market.

NEC Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
23 Jul 2021 $2.77 $-0.05 -1.77% 3,632,239 $2.81 $2.83 $2.75
22 Jul 2021 $2.82 $0.08 2.92% 6,685,564 $2.79 $2.83 $2.75
21 Jul 2021 $2.74 $0.08 3.01% 8,839,307 $2.69 $2.76 $2.68
20 Jul 2021 $2.66 $-0.02 -0.75% 7,148,529 $2.65 $2.68 $2.62
19 Jul 2021 $2.68 $0.02 0.75% 6,782,733 $2.61 $2.71 $2.59
16 Jul 2021 $2.66 $0.05 1.92% 6,505,163 $2.61 $2.70 $2.61
15 Jul 2021 $2.61 $-0.01 -0.38% 3,519,777 $2.61 $2.64 $2.60
14 Jul 2021 $2.62 $-0.01 -0.38% 5,066,066 $2.64 $2.66 $2.59
13 Jul 2021 $2.63 $0.02 0.77% 6,522,885 $2.61 $2.66 $2.61
12 Jul 2021 $2.61 $0.04 1.56% 5,249,300 $2.61 $2.64 $2.57
09 Jul 2021 $2.57 $-0.04 -1.53% 6,088,239 $2.58 $2.60 $2.56
08 Jul 2021 $2.61 $-0.05 -1.88% 5,785,803 $2.65 $2.68 $2.59
07 Jul 2021 $2.66 $0.01 0.38% 10,407,327 $2.63 $2.68 $2.61
06 Jul 2021 $2.65 $-0.09 -3.28% 7,158,338 $2.74 $2.76 $2.65
05 Jul 2021 $2.74 $-0.14 -4.86% 7,406,310 $2.84 $2.86 $2.72
02 Jul 2021 $2.88 $0.00 0.00% 4,826,631 $2.89 $2.92 $2.86
01 Jul 2021 $2.88 $-0.03 -1.03% 9,000,878 $2.89 $2.91 $2.81
30 Jun 2021 $2.91 $-0.02 -0.68% 7,604,303 $2.92 $2.93 $2.84
29 Jun 2021 $2.93 $-0.04 -1.35% 6,094,424 $2.94 $2.97 $2.90
28 Jun 2021 $2.97 $-0.02 -0.67% 4,255,818 $2.99 $3.01 $2.94
25 Jun 2021 $2.99 $0.01 0.34% 2,347,055 $3.04 $3.04 $2.97

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
22 Feb 2021 Hugh Marks Issued 1 $3,881,025
Issue of securities. 2,793,808 - performance rights
31 Aug 2020 Catherine West Buy 60 $99,436
On-market trade.
31 Aug 2020 Hugh Marks Transfer 217 $361,635
Off-market transfer. Assuming 217,853 Indirect shares transferred to Direct shares.
31 Aug 2020 Hugh Marks Transfer 217 $361,635
Off-market transfer. Assuming 217,853 Indirect shares transferred to Direct shares.
31 Aug 2020 Hugh Marks Expiry 604 $1,002,822
As advised by the company. 1,345,664 - performance rights
Lapse of 604,110 performance rights.
31 Aug 2020 Hugh Marks Buy 354 $588,958
Conversion of securities.
31 Aug 2020 Hugh Marks Exercise 354 $588,958
Conversion of securities. 1,949,774 - performance rights.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Nicholas (Nick) Graham Falloon Non-Executive Director Dec 2018
Mr Falloon is also chairman of Domain Holdings Australia (since November 2017). Mr Falloon has had 30 years' experience in the media industry, 19 years working for the Packer-owned media interests from 1982 until 2001. Mr Falloon served as CEO of Publishing and Broadcasting Limited (PBL) from 1998 to 2001 and before that as Chief Executive Officer of PBL Enterprises and Group Financial Director of PBL. From 2002, Mr Falloon spent nine years as Executive Chairman and CEO of Ten Network Holdings.
Mr Peter Howard Costello Non-Executive DirectorNon-Executive Chairman Feb 2013
Mr Costello is currently Chairman of the Board of Guardians of Australia's Future Fund and serves on a number of advisory boards. Mr Costello was a member of the Australian House of Representatives from 1990 to 2009 and was Treasurer of the Commonwealth of Australia from March 1996 to December 2007. From 2009, Mr Costello has worked as a corporate adviser in the fields of mergers, acquisitions and foreign investment. He is Member of Risk Management Committee.
Ms Samantha (Sam) Lewis Non-Executive Director Mar 2017
Mr Lewis has experience in accounting, finance, auditing, risk management, corporate governance, capital markets and due diligence. Ms Lewis has been a non-executive director since 2014, and in addition to Nine Entertainment and is also the Chair of the Audit Committee of the Australian Prudential Regulatory Authority. Prior to becoming a non-executive director, Ms Lewis spent 20 years at Deloitte Touche Tohmatsu including 14 years as a Partner. In that role, she led the audit of a number of Australian listed companies, in the retail/FMCG and industrial sectors. During her time at Deloitte, Ms Lewis also provided accounting advice and transactional advisory services, including due diligence, IPOs and debt/equity raising. He is Member of Risk Management Committee and People Committee.
Ms Catherine Jane West Non-Executive Director May 2016
Ms West has more than 20 years of business and legal affairs experience in the media industry, both in Australia and the UK. Her most recent executive role was Director of Legal- Content Commercial and Joint Ventures for Sky Plc in the UK. In this role, Ms West was responsible for all of Sky's content relationships, distribution, commercial activities and joint ventures. She is a consultant to media companies internationally and to the healthcare sector. Ms West is Vice President of the Sydney Breast Cancer Foundation at Chris O'Brien Lifehouse, a director of the NIDA Foundation Trust and a Governor of Wenona School. She is Chair of People Committee and Member of Risk Committee.
Mr Andrew Lancaster Non-Executive Director Apr 2021
Mr Lancaster has working experience in both television and radio in Australia, particularly in regional markets. Andrew is currently Chief Executive Officer of private investment company Birketu Pty Ltd as well as WIN Corporation, Australia's regional broadcaster. He has managed WIN's operations for more than ten years and was involved in Nine's recent affiliation agreement with WIN.
Ms Mickie Rosen Non-Executive Director Dec 2018
Ms Rosen has nearly three decades of strategy, operating, advisory, and investment experience at the intersection of media and technology. She has built and led businesses for brands such as Yahoo, Fox, and Disney, and early stage start-ups such as Fandango and Hulu. Ms Rosen currently serves on public, private, and non-profit boards, and she advises to companies in digital media and commerce. Until recently, she served on the board of Pandora Media, and was the President of Tribune Interactive. Ms Rosen has also served as a Senior Advisor to the Boston Consulting Group and was a co-founder and partner of Whisper Advisors. Prior, Ms Rosen served as Senior Vice President of Global Media & Commerce for Yahoo, where she led Yahoo's media division worldwide. Prior to Yahoo, she was a partner with Fuse Capital. She was also an executive with Fox Interactive Media, Fandango, and The Walt Disney Company.
Mr Mike Sneesby Chief Executive OfficerManaging Director Apr 2021
Mr Sneesby is an experienced media executive with local and international experience. Mike spent his earlier career in leadership and consulting positions gaining experience in digital media, technology and telecommunications in Australia, Asia and the USA. He has been the CEO of Stan Entertainment since its inception. Mike was formerly the CEO of the Microsoft/Nine Entertainment e-commerce joint venture, Cudo, up until its sale in 2013. Prior to that, Mike set up the invision IPTV service in Dubai as Vice President of IPTV for the Saudi Telecom/Astra Malaysia joint venture lntigral. Before joining lntigral, he headed Corporate Strategy and Business Development at ninemsn where he led the company's corporate strategy function and established a portfolio of digital media businesses including the startup of MSN New Zealand and management of the EPG and listings business HWW. Prior to ninemsn, Mike led a company-wide program for Optus rolling out and launching their national ADSL broadband network.
Ms Rachel Launders General CounselCompany Secretary Feb 2015
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Paul Koppelman Chief Financial Officer
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Michael Stephenson Chief Sales Officer
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Rachel Launders General CounselCompany Secretary
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 538,261,094 31.56%
JP Morgan Nominees Australia Pty Limited 261,401,038 15.33%
Birketu Ptv Ltd 254,760,442 14.94%
Citicorp Nominees Pty Limited 190,770,931 11.19%
National Nominees Limited 114,133,941 6.69%
BNP Paribas Noms Pty Ltd 28,234,477 1.66%
Cs Third Nominees Pty Limited 20,638,182 1.21%
BNP Paribas Nominees Pty Ltd 19,774,653 1.16%
Citicorp Nominees Pty Limited (I) 10,943,554 0.64%
Bond Street Custodians Limited 8,535,447 0.50%
Powerwrap Limited 7,959,651 0.17%
Navigator Australia Ltd 7,737,291 0.45%
HSBC Custody Nominees (Australia) Limited (II) 7,661,599 0.16%
UBS Nominees Pty Ltd 6,954,181 0.41%
HSBC Custody Nominees (Australia) Limited A/C 2 5,271,349 0.31%
Pacific Custodians Pty Limited 5,240,911 0.31%
HSBC Custody Nominees (Australia) Limited Gsco Eca 5,038,615 0.30%
UBS Nominees Pty Ltd (I) 4,197,824 0.25%
Cs Fourth Nominees Pty Limited 3,839,366 0.23%
HSBC Custody Nominees (Australia) Limited (I) 2,745,664 0.16%

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