Nine Entertainment Co. Holdings Ltd (ASX: NEC) Share Price and News
Price
Movement
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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
$4.26 billion
P/E Ratio
20.58
Dividend Yield
5.06%
Shares Outstanding
1.71 billion
Earnings per share
0.120
Dividend per share
0.14
Year To Date Return
-12.71%
Earnings Yield
4.86%
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 |
|---|---|---|---|---|
| 03 Mar 2022 | $0.0700 | 100.00% | Interim | 21 Apr 2022 |
| 09 Sep 2021 | $0.0550 | 100.00% | Final | 20 Oct 2021 |
| 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 |
|---|---|---|---|---|---|---|---|
| 18 May 2022 | $2.50 | $0.03 | 1.21% | 2,746,697 | $2.48 | $2.50 | $2.45 |
| 17 May 2022 | $2.47 | $-0.01 | -0.40% | 2,652,577 | $2.47 | $2.50 | $2.45 |
| 16 May 2022 | $2.48 | $0.02 | 0.81% | 3,067,326 | $2.49 | $2.53 | $2.47 |
| 13 May 2022 | $2.46 | $0.05 | 2.07% | 5,356,936 | $2.45 | $2.48 | $2.42 |
| 12 May 2022 | $2.41 | $-0.05 | -2.03% | 3,928,965 | $2.44 | $2.46 | $2.37 |
| 11 May 2022 | $2.46 | $0.08 | 3.36% | 7,810,357 | $2.38 | $2.49 | $2.35 |
| 10 May 2022 | $2.38 | $0.03 | 1.28% | 4,996,411 | $2.31 | $2.39 | $2.27 |
| 09 May 2022 | $2.35 | $-0.10 | -4.08% | 5,507,473 | $2.42 | $2.43 | $2.31 |
| 06 May 2022 | $2.45 | $-0.15 | -5.77% | 5,812,859 | $2.54 | $2.54 | $2.45 |
| 05 May 2022 | $2.60 | $0.01 | 0.39% | 6,770,523 | $2.60 | $2.63 | $2.58 |
| 04 May 2022 | $2.59 | $0.02 | 0.78% | 6,148,319 | $2.60 | $2.67 | $2.58 |
| 03 May 2022 | $2.57 | $-0.03 | -1.15% | 4,395,637 | $2.58 | $2.61 | $2.55 |
| 02 May 2022 | $2.60 | $-0.09 | -3.35% | 3,923,205 | $2.66 | $2.68 | $2.59 |
| 29 Apr 2022 | $2.69 | $-0.02 | -0.74% | 4,037,243 | $2.73 | $2.75 | $2.68 |
| 28 Apr 2022 | $2.71 | $0.00 | 0.00% | 2,005,098 | $2.72 | $2.75 | $2.70 |
| 27 Apr 2022 | $2.71 | $-0.05 | -1.81% | 3,207,757 | $2.72 | $2.75 | $2.69 |
| 26 Apr 2022 | $2.76 | $-0.06 | -2.13% | 2,876,060 | $2.76 | $2.80 | $2.73 |
| 22 Apr 2022 | $2.82 | $-0.05 | -1.74% | 5,529,269 | $2.85 | $2.86 | $2.79 |
| 21 Apr 2022 | $2.87 | $-0.02 | -0.69% | 5,648,849 | $2.92 | $2.94 | $2.86 |
| 20 Apr 2022 | $2.89 | $-0.01 | -0.34% | 4,367,633 | $2.93 | $2.93 | $2.87 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 05 May 2022 | Nicholas (Nick) Falloon | Issued | 912 | $3,465 |
Rights issue. As per announcement 11-05-2022
|
| 05 May 2022 | Nicholas (Nick) Falloon | Issued | 7 | $27,740 |
Rights issue. As per announcement on 11-05-2022
|
| 01 Dec 2021 | Michael(Mike) Sneesby | Issued | 889 | $2,553,883 |
Issue of securities. 889,855 - Performance rights
|
| 31 Aug 2021 | Michael(Mike) Sneesby | Buy | 46 | $129,935 |
As advised by the company. VWAP
Acquisition of issued shares under the Nine Short Term Incentive Plan |
| 27 Aug 2021 | Andrew Lancaster | Buy | 20 | $53,895 |
On-market trade.
|
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 was appointed to the Board in February 2013 as an independent, Non-Executive Director and in March 2016 became Chairman of the Boar. Mr Costello is currently Chairman of the Board of Guardians of Australia;s Future Fund and serves on a number of domestic and international advisory boards. He commenced his career as a solicitor and then a barrister. 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 a member of the Risk management committee.
|
| Ms Samantha (Sam) Lewis | Non-Executive Director | Mar 2017 |
Ms Lewis is a chartered accountant with 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, serves on the Boards of ASX-listed Orora Ltd (since March 2014) and Aurizon Holdings Ltd (since February 2015) and is also the Chair of the Audit and Risk Committee of the Australian Prudential Regulatory Authority. Prior to becoming a non-executive director, Ms Lewis spent 20 years at Deloitte including 14 years as a Partner. In that role, she led the audit of a number of major 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. Ms Lewis holds a Bachelor of Arts, Economics from the University of Liverpool. She is Chair of the Risk Management committee and a member of the People committee.
|
| Ms Catherine Jane West | Non-Executive Director | May 2016 |
Ms West has more than 25 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. Ms West has been a non-executive director since 2016 and in addition to Nine serves on the Boards of ASX listed Monash IVF group (since September 2020), Peter Warren Automotive (since April 2021) and the Endeavour Group (since June 2021). Ms West is Vice President of the Sydney Breast Cancer Foundation at Chris O'Brien Lifehouse, a director of NIDA and the NIDA Foundation Trust and a Governor of Wenona School. She is a consultant to media companies internationally and to the healthcare sector. She is Cahir of the People and a member of the Risk Management committee.
|
| Mr Andrew Lancaster | Non-Executive Director | Apr 2021 |
Mr Lancaster is CEO of the WIN Corporation and Birketu Pty Ltd, Nine Entertainment Co's largest individual shareholder (so is not an independent director). After more than 27 years working in the media sector, Mr Lancaster has extensive experience in both metropolitan, and regional television and radio. He has a broad knowledge of strategic, structural, operational, financial and resource management as well as a proven history of driving strong revenue growth across all areas of these businesses. Mr Lancaster is currently a Director of Free TV Australia, Broadcast Transmission Services and NRL team St George Illawarra Dragons.
|
| 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 Michael(Mike) Sneesby | Chief Executive OfficerManaging Director | Apr 2021 |
Mr Sneesby is an experienced media executive with a depth of local and international experience. He was formerly the CEO of the Microsoft/Nine e-commerce joint venture, Cudo, up until its sale in 2013. Prior to that, Mr Sneesby 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 established a portfolio of high growth digital media businesses including the start-up of MSN New Zealand and management of the EPG and listings business HWW. Prior to ninemsn, Mr Sneesby led a company-wide program for Optus rolling out and launching their national ADSL broadband network. Mr Sneesby spent his earlier career in leadership and consulting positions gaining broad experience in digital media, technology and telecommunications in Australia, Asia and the USA.
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| Ms Rachel Launders | General CounselCompany Secretary | Feb 2015 |
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| Maria Phillip | 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 | 564,841,499 | 33.12% |
| Morgan Nominees Australia Pty Limited | 279,657,218 | 16.40% |
| Birketu Pty Ltd | 254,760,442 | 14.94% |
| Citicorp Nominees Pty Limited | 209,089,741 | 12.26% |
| National Nominees Limited | 113,658,536 | 6.66% |
| BNP Paribas Nominees Pty Ltd | 23,892,055 | 1.40% |
| BNP Paribas Noms Pty Ltd | 20,551,773 | 1.21% |
| HSBC Custody Nominees (Australia) Limited (i) | 14,668,230 | 0.86% |
| Citicorp Nominees Pty Limited (i) | 13,202,625 | 0.77% |
| UBS Nominees Pty Ltd | 5,320,147 | 0.31% |
| Mutual Trust Pty Ltd | 5,138,872 | 0.30% |
| Bond Street Custodians Limited | 4,987,850 | 0.29% |
| BNP Paribas Nominees Pty Ltd Six Sis Ltd | 4,008,809 | 0.24% |
| Netwealth Investments Limited | 3,941,138 | 0.23% |
| Pacific Custodians Pty Limited | 3,543,930 | 0.21% |
| HSBC Custody Nominees (Australia) Limited A/C 2 | 3,457,769 | 0.20% |
| Powerwrap Limited | 2,433,756 | 0.14% |
| UBS Nominees Pty Ltd (i) | 2,166,711 | 0.13% |
| BNP Paribas Noms(Nz) Ltd | 2,027,197 | 0.12% |
| Navigator Australia Ltd | 2,000,893 | 0.12% |