Nextdc Ltd (ASX: NXT) Share Price and News

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NextDC Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $4.72 billion
P/E Ratio 625.00
Dividend Yield N/A
Shares Outstanding 457.52 million
Earnings per share 0.016
Dividend per share N/A
Year To Date Return -21.42%
Earnings Yield 0.16%
Franking N/A
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as at 24 Feb 3:44pm

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Nextdc Ltd (ASX: NXT)
Latest News

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Australia is behind many developed nations in the pace of cloud adoption.

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2 ASX tech shares expecting a lot of long-term growth

NextDC is a fast-growing data centre business.

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NXT 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 Nextdc Ltd

NextDC Ltd (ASX:NXT) is Australia’s leading independent operator of data centres. It has a network of nine data centres located across Sydney, Melbourne, Brisbane, Perth, and Canberra. NextDC also operates a partner ecosystem with in excess of 640 clouds, networks and specialty service providers located across the globe.

NextDC's nationwide network of Tier III and Tier IV facilities provides enterprise-class services to a wide range of Australian and international customers including government departments and critical infrastructure businesses. Notable Australian clients have included Optus, Australia Post and Pacnet. The company prides itself on the ability to deliver global standards that adhere to the highest levels of security and energy efficiency.

Established in 2010, NextDC was founded by Australian IT entrepreneur Bevan Slattery who was also behind the set-up of Megaport Ltd (ASX: MP1). The company began with a data centre in Melbourne and Brisbane but began acquiring additional properties in its second year of operation.

2013 marked the retirement of Mr Slattery as well as the company signing a channel partner agreement with Telstra Corporation Ltd (ASX: TLS). DextDC also has partner agreements with Amazon.com, Inc (NASDAQ: AMZN), Microsoft Corporation (NASDAQ: MSFT) and Oracle Corporation.

The company first listed on the ASX in 2010 and in June 2020, after only 10 years of operation, the rising NextDC share price saw the company join the ASX 100.

NXT Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
13 May 2022 $10.05 $0.15 1.52% 1,892,460 $10.11 $10.11 $9.94
12 May 2022 $9.90 $-0.30 -2.94% 2,299,569 $9.90 $9.99 $9.67
11 May 2022 $10.20 $0.39 3.98% 1,913,196 $9.85 $10.20 $9.81
10 May 2022 $9.81 $-0.34 -3.35% 3,661,968 $9.87 $10.02 $9.57
09 May 2022 $10.15 $-0.27 -2.59% 2,057,294 $10.26 $10.27 $10.06
06 May 2022 $10.42 $-0.60 -5.44% 2,533,662 $10.68 $10.68 $10.33
05 May 2022 $11.02 $0.22 2.04% 1,332,503 $10.95 $11.03 $10.82
04 May 2022 $10.80 $-0.20 -1.82% 1,553,410 $11.00 $11.06 $10.73
03 May 2022 $11.00 $0.14 1.29% 930,347 $11.00 $11.16 $10.98
02 May 2022 $10.86 $-0.42 -3.72% 1,426,485 $11.11 $11.18 $10.77
29 Apr 2022 $11.28 $0.32 2.92% 1,743,419 $11.02 $11.28 $11.02
28 Apr 2022 $10.96 $0.11 1.01% 979,561 $10.91 $11.00 $10.86
27 Apr 2022 $10.85 $-0.36 -3.21% 1,825,690 $11.01 $11.17 $10.82
26 Apr 2022 $11.21 $0.01 0.09% 941,501 $11.03 $11.21 $11.02
22 Apr 2022 $11.20 $0.05 0.45% 1,707,196 $11.04 $11.21 $10.97
21 Apr 2022 $11.15 $-0.10 -0.89% 1,101,709 $11.30 $11.30 $11.05
20 Apr 2022 $11.25 $0.10 0.90% 1,813,609 $11.20 $11.36 $11.17

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
25 Feb 2022 Jennifer Lambert Buy 6 $64,020
On-market trade.
16 Dec 2021 Craig Scroggie Issued 147 $1,799,444
Issue of securities. 1,104,755 - Performance Rights
24 Sep 2021 Craig Scroggie Sell 1 $21,696,000
On-market trade.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Dr Eileen Joy Doyle Non-Executive Director Aug 2020
Dr Doyle has had a career with close to four decades of business experience at both executive and board level. Her experience covers a range of industries including logistics, technology and research, property, financial services, manufacturing, building and construction and sport. Dr Doyle has previously served as the Chairman of the export coal loader, PWCS (1998-2009) and Deputy Chairman of CSIRO to 2016, after 10 years of service. Dr Doyle currently serves on the Board of DBI Limited, Oil Search Limited and Airservices Australia. She has experience across Audit, Remuneration and Sustainability Committees. Dr Doyle's experience also includes appointments at government bodies Austrade, CSIRO, Newcastle Port Corporation, the National Steering Committee on eHealth and the NSW Innovation and Productivity Council. Dr Doyle is also the author of "Call a Business Angel". Other current directorships : Oil Search Limited (2016 - present), DBI Limited (2020 - present), Airservices Australia (April 2021 - present).
Mr Douglas (Doug) Ronald Flynn Non-Executive DirectorNon-Executive Chairman Sep 2013
Mr Flynn has over 30 years of international experience in the media and information and communication technology industries, including holding various senior management and board positions. Mr Flynn is the current Chairman of IMEXHS Limited, a medical imaging technology provider. Previously, Mr Flynn was Chief Executive of newspaper publisher, Davies Brothers Limited, which was acquired by News Corporation in 1989. In 1995, he was appointed the Managing Director of News International Plc. After leaving News International in 1998, Mr Flynn joined Aegis Group Plc and was appointed as CEO in 1999, where he was instrumental in doubling the size of the company and established a global market research business Synovate and internet services business Isobar. From 2005 to 2008, Mr Flynn served as the Chief Executive of facilities management provider Rentokil Initial Plc.
Dr Gregory John Clark Non-Executive Director Apr 2014
Dr Clark is a technologist, businessman and scientist, with corporate and Board experience in Australia, the USA and Europe. Dr Clark was previously on the Board of the ANZ Banking Group where he chaired the Board's Technology Committee and was a member of the Risk, Governance and Human Resources Committees. Dr Clark has international business experience and a career in micro-electronics, computing and communications. He was previously Principal of Clark Capital Partners, a US based firm that has advised internationally on technology and the technology marketplace. During his career, Dr Clark also held senior executive roles at IBM, News Corporation and Loral Space and Communications. At IBM he was a senior scientist in their Research Division in NY. At News Corporation he was President of Technology and on the Executive Committee with responsibility for all technical aspects of digital media creation and delivery. Dr Clark was responsible for News Corporation's transformation of its media assets from an analogue platform into a digital platform for both program creation and delivery. In addition, he was responsible for all technology companies within News Corporation. He was Chief Operating Officer at Loral Space and Communications, the world's largest commercial satellite manufacturer and one of the largest operators, with responsibility for all development, manufacturing, marketing and sales. While at News Corporation and Loral Space and Communications, Dr Clark was Chairman and/or on the Board of a number of wholly owned subsidiaries including Globalstar, SatMex, Skynet, Loral Space Systems, Kesmai, Etak and others. Dr Clark is currently Chairman of the Australian National University Advisory Board for the Research School of Physics and Engineering. He is also currently on the Board of the Sydney University Physics Foundation and Questacon, the National Science and Technology Centre.
Mr Craig Ian Scroggie Executive DirectorChief Executive OfficerManaging Director Nov 2010
Mr Scroggie has leadership experience within the IT and telecommunications industries across the globe. Mr Scroggie has previously held senior leadership positions with Symantec, Veritas Software, Computer Associates, EMC Corporation and Fujitsu.Craig holds the position of Adjunct Professor in the College of Arts, Social Sciences and Commerce at La Trobe University and currently serves as the Chairman of the La Trobe University Business School. He is also Member of the Investment Committee of the NXT.
Ms Jennifer M Lambert Non-Executive Director Oct 2019
Ms Lambert has business and leadership experience at senior executive and board level with more than 25 years of financial management and accounting experience. Ms Lambert is currently a Non-Executive Director of BlueScope Steel Limited where she is Chair of the Audit Committee and of REA Group Limited where she is Chair of the Audit, Risk and Compliance Committee. Ms Lambert is also on the Council of the Sydney Church of England Grammar School and is Chairman of the Mosman Church of England Preparatory School. Ms Lambert was Group Chief Financial Officer of 151 Property (formerly Valad Property Group) for 13 years where her responsibilities included operational and strategic finance, tax, treasury, legal and compliance. Prior to this, Ms Lambert was a director at PricewaterhouseCoopers specialising in capital raisings, structuring and due diligence for acquisitions and disposals across various industries. Other current Directorships : BlueScope Steel Limited (September 2017 - present), REA Group Limited (December 2020 - present)
Mr Stuart Arthur Davis Non-Executive Director Sep 2013
Mr Davis has over 30 years' experience as an international banker with the HSBC Group including roles in Hong Kong, New York, Taiwan, India and Australia. Most recently he was CEO India for the Hongkong and Shanghai Banking Corporation Limited (2009-2012), CEO and Executive Director for HSBC Bank Australia Limited (2002-2009) and CEO HSBC Taiwan (1999-2002). He was a member of the Australian Bankers Association from 2002 to 2009 and Deputy Chairman from 2006 to 2009. Other current directorships : PayPal Australia Limited (July 2016 - present),Bank of South Pacific Limited (September 2017 -present).
Mr Stephen (Steve) M Smith Non-Executive Director Jul 2019
Mr Smith has a background and experience in managing technology businesses, mainly in the data centre industry. Steve served as CEO and President of Equinix Inc for over a decade (2007-2018), transforming it into the largest enterprise data centre platform in the world. Steve is currently a Managing Director of Zayo Group, a provider of fibre infrastructure, with networks in every in North America and many in Western Europe. Prior to his time at Zayo Group and Equinix, Steve held senior leadership positions at Hewlett Packard (2005- 2006) which included serving as its Senior Vice President - Worldwide HP Services; Lucent Technologies Inc. (2004- 2005), where he was appointed as Vice President, Global Professional and Managed Services and Electronic Data Systems Corporation (EDS) (1987-2004), where he served in a number of capacities including Chief Sales Officer and President, Asia-Pacific. Steve also had a eight-year career in the U.S. Army where, among other roles, he was aide de-camp to the office of the Commander in Chief of the U.S. Armed Forces in the Pacific. His current directorship includes: Flexential Inc. (April 2018 - present), and Zayo Group Holdings, (October 2020 - present). He is also Member of the Investment Committee of the NXT.
Mr Michael Helmer General CounselCompany Secretary Feb 2015
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David Dzienciol Chief Customer and Commercial Officer
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Oskar Tomaszewski Chief Financial Officer
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Simon Cooper Chief Operating Office
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Michael Helmer 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 143,600,020 31.50%
J P Morgan Nominees Australia Pty Limited 71,582,315 15.70%
BNP Paribas Nominees Pty Ltd <Agency Lending Drp A/C> 28,994,690 6.36%
Citicorp Nominees Pty Limited 28,803,463 6.32%
National Nominees Limited 19,990,219 4.39%
BNP Paribas Noms Pty Ltd <Drp> 8,786,523 1.93%
Australian Foundation Investment Company Limited 7,864,487 1.73%
HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 4,206,401 0.92%
HSBC Custody Nominees (Australia) Limited A/C 2 3,491,733 0.77%
UBS Nominees Pty Ltd 3,012,747 0.66%
BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <DRP A/C> 1,806,771 0.40%
Netwealth Investments Limited <Wrap Services A/C> 1,762,685 0.39%
BNP Paribas Noms(Nz) Ltd <Drp> 1,753,543 0.38%
Mr Craig Ian Scroggie 1,605,744 0.35%
Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 1,581,975 0.35%
BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient Drp> 1,543,587 0.34%
BNP Paribas Nominees Pty Ltd Six Sis Ltd <Drp A/C> 1,343,255 0.29%
Pacific Custodians Pty Limited Nxt Emp Share Plan Tst 1,338,812 0.29%
Mirrabooka Investments Limited 1,178,205 0.26%
Jbwere (Nz) Nominees Limited <58023 A/C> 1,008,030 0.22%

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