Nine Entertainment Co. Holdings Ltd (ASX: NEC) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
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1 Year Return
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%
Share Price
Day Change
52 Week Range
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Yesterday's Close
Today's Open
Days Range
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Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Nine Entertainment Co. Holdings Ltd (ASX: NEC)
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Dividend Payment History 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.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File 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.
| 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.
| 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.
| 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.
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| 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.
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| 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.
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| 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.
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| 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.
| 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% |