Technology One Ltd (ASX: TNE) Share Price and News

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TechnologyOne Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $3.50 billion
P/E Ratio 44.44
Dividend Yield 1.34%
Shares Outstanding 323.37 million
Earnings per share 0.240
Dividend per share 0.14
Year To Date Return -16.46%
Earnings Yield 2.25%
Franking 60%
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as at 24 Feb 3:44pm

Technology One Ltd (ASX: TNE)
Latest News

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Technology Shares

Broker names 3 of the best ASX tech share to buy in FY23

These tech shares could be buys in FY 2023...

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Broker Notes

Top broker names 3 of the best ASX 200 shares to buy in FY23

These ASX 200 shares have been named as some of the best shares to buy in FY 2023...

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Growth Shares

Experts say these ASX 200 growth shares are buys with 20%+ upside

These growth shares could be buys according to experts...

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A young man in a blue suit sits on his work table cross-legged with his phone in his hand looking slightly crazed as he watches his ASX tech shares go down today
Technology Shares

Why are ASX tech shares struggling today?

What's going on with technology shares today?

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Growth Shares

Analysts name 2 excellent ASX shares to buy and hold

These ASX shares could be top buy and hold options...

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Growth Shares

Experts name 3 ASX growth shares to buy with enormous upside potential

These growth shares could be buys according to experts...

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Broker Notes

TechnologyOne share price is a buy ahead of profit growth acceleration: broker

TechnologyOne's growth has been tipped to accelerate...

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Broker Notes

Brokers name 3 ASX shares to buy today

Brokers are bullish on these ASX shares...

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Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
02 Jun 2022 $0.0420 60.00% Interim 17 Jun 2022
02 Dec 2021 $0.1009 59.96% Final 17 Dec 2021
03 Jun 2021 $0.0382 59.95% Interim 18 Jun 2021
03 Dec 2020 $0.0941 60.04% Final 18 Dec 2020
28 May 2020 $0.0347 59.94% Interim 12 Jun 2020
28 Nov 2019 $0.0878 60.02% Final 13 Dec 2019
30 May 2019 $0.0315 74.92% Interim 14 Jun 2019
29 Nov 2018 $0.0200 75.00% Special Cash 14 Dec 2018
29 Nov 2018 $0.0616 75.00% Final 14 Dec 2018
31 May 2018 $0.0286 75.17% Interim 15 Jun 2018
28 Nov 2017 $0.0200 75.00% Special 14 Dec 2017
28 Nov 2017 $0.0560 75.00% Final 14 Dec 2017
01 Jun 2017 $0.0260 75.00% Interim 16 Jun 2017
28 Nov 2016 $0.0200 100.00% Special 14 Dec 2016
28 Nov 2016 $0.0509 100.00% Final 14 Dec 2016
01 Jun 2016 $0.0236 100.00% Interim 17 Jun 2016
30 Nov 2015 $0.0200 100.00% Special 16 Dec 2015
30 Nov 2015 $0.0463 100.00% Final 16 Dec 2015
01 Jun 2015 $0.0215 100.00% 17 Jun 2015
01 Dec 2014 $0.0200 100.00% Special Cash 17 Dec 2014
01 Dec 2014 $0.0421 100.00% Final 17 Dec 2014
04 Jun 2014 $0.0195 100.00% 16 Jun 2014

TNE 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 Technology One Ltd

ASX tech share TechnologyOne Ltd (ASX: TNE) has grown from a factory in the industrial suburbs of Brisbane to become Australia’s largest enterprise software company. The company provides software-as-a-service (SaaS) enterprise software to more than 1,200 corporations, governments, and universities, utilities and managed services markets.

Technology One’s products include financials, HR and payroll, supply chain and business intelligence. TNE also offers custom software development services for large scale, purpose built applications.

Headquartered in Brisbane, Technology One has 14 offices throughout Australia, New Zealand, Asia, the South Pacific and the United Kingdom.

Technology One shares first listed on the ASX in 1999. In the ensuing years, the company has grown to sit comfortably alongside its peers on the S&P/ASX 200 Index (ASX: XJO).

The company's most recent FY19 results marked its 10th consecutive year of record profits. Investors in TNE shares also receive a dividend payment, making it one of a small group of ASX tech shares that distribute dividends.

 

TNE Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
04 Jul 2022 $10.83 $0.17 1.59% 587,252 $10.89 $10.98 $10.76
01 Jul 2022 $10.66 $-0.05 -0.47% 567,087 $10.86 $10.96 $10.66
30 Jun 2022 $10.71 $-0.09 -0.83% 547,333 $10.77 $10.91 $10.71
29 Jun 2022 $10.80 $-0.07 -0.64% 684,782 $10.75 $10.85 $10.60
28 Jun 2022 $10.87 $-0.18 -1.63% 804,951 $10.90 $10.95 $10.77
27 Jun 2022 $11.05 $0.28 2.60% 739,160 $10.89 $11.06 $10.87
24 Jun 2022 $10.77 $0.41 3.96% 1,114,482 $10.40 $10.84 $10.38
23 Jun 2022 $10.36 $0.22 2.17% 888,944 $10.19 $10.50 $10.18
22 Jun 2022 $10.14 $-0.36 -3.43% 1,031,586 $10.49 $10.49 $9.94
21 Jun 2022 $10.50 $0.25 2.44% 762,838 $10.34 $10.55 $10.27
20 Jun 2022 $10.25 $0.16 1.59% 543,745 $10.32 $10.37 $10.08
17 Jun 2022 $10.09 $-0.04 -0.39% 2,418,300 $9.79 $10.16 $9.75
16 Jun 2022 $10.13 $-0.13 -1.27% 1,305,062 $10.21 $10.44 $10.09
15 Jun 2022 $10.26 $-0.29 -2.75% 879,520 $10.54 $10.58 $10.25
14 Jun 2022 $10.55 $-0.48 -4.35% 1,412,787 $10.47 $10.55 $10.16
10 Jun 2022 $11.03 $-0.01 -0.09% 496,295 $10.86 $11.03 $10.71
09 Jun 2022 $11.04 $0.18 1.66% 856,966 $10.82 $11.11 $10.72
08 Jun 2022 $10.86 $0.28 2.65% 576,226 $10.79 $10.92 $10.66
07 Jun 2022 $10.58 $-0.45 -4.08% 928,054 $10.95 $11.03 $10.52

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
24 May 2022 Patrick (Pat) O'Sullivan Buy 24 $249,269
On-market trade.
09 Jul 2021 Patrick (Pat) O'Sullivan Buy 15 $141,054
On-market trade.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Ronald (Ron) McLean Non-Executive Director Jul 2004
Mr McLean has more than 40 years experience in the enterprise software industry including holding Senior Executive and Managing Director roles in several international and Australian software companies. His involvement in the enterprise software industry has included leading and managing software development, consulting and sales and marketing teams.
Mr John Dugald Mactaggart Non-Executive Director Jul 1987
Mr Mactaggart's experience spans industries such as agriculture, agri-tech, manufacturing and software. He co-founded the Australian Association of Angel Investors Limited, is a co-founder of Brisbane Angels and was the Australian representative of the World Business Angels Association.
Ms Sharon Doyle Non-Executive Director Feb 2018
Ms Doyle is the Executive Chair and majority owner of corporate advisory firm, InterFinancial Corporate Finance Limited. She has successfully navigated technology companies through the challenges of steep global growth curves, with a strong understanding of the dynamics in Software as a Service (SaaS). Ms Doyle's leadership of InterFinancial has seen her develop a core practice providing strategic advice for technology and other IP-rich, high-growth companies. She also has international experience managing merger, acquisition and private equity processes across the technology industry. Ms Doyle was previously Vice President at Mincom. Ms Doyle is a Non-Executive Director at Auto & General. She is member of Risk Committee and Governance Committee.
Mr Richard Charles Anstey Non-Executive Director Dec 2005
Mr Anstey has 40 years career. His first company, Tangent Group Pty Ltd, established a reputation for the development of software products and strategic management consultancy for the banking and finance sector. With the sale of Tangent, he then co-founded lnQbator/iQFunds in 2000, an early stage investment group focussed upon the technology, telecommunications and life sciences sectors. Through iQFunds and personally, Rick has co-invested in more than 30 companies with the support of Commonwealth Government programs, Venture Capital Funds and both corporate and personal investors. While being an active Non-Executive Director of his investments, Richard has added value wherever appropriate to maximise shareholder value and has also been actively involved in the trade sale of seven companies to organisations in the US, Europe and Australia. Mr Anstey is a Board member of Queensland University of Technology-Entrepreneurship (a universitywide initiative with global collaborations, turning ideas into reality). Mr Anstey now continues his career in venture capital and corporate advisory roles as a founder of iQ360 Pty Ltd.
Dr Jane Andrews Non-Executive Director Feb 2016
Dr Andrews brings more than 15 years leadership experience in research and innovation-based organisations. As a founder and investor in numerous innovative companies, Dr Andrews has extensive experience in corporate strategy, entrepreneurship, commercialisation, innovation, research and development. She is member of Risk Committee and Governance Committee.
Mr Patrick (Pat) Redmond Joseph O'Sullivan Lead Independent DirectorNon-Executive DirectorNon-Executive Chairman Mar 2021
Mr O'Sullivan has over 30 years of international experience across a range of industries. He has been an experienced executive with Price Waterhouse, Goodman Fielder Ltd, Sing Tel Optus Pty, and Nine Entertainment. He has ASX board experience as the current Chair of Carsales.com and SiteMinder. Previously Pat has been a non-executive director of AfterPay, Marley Spoon AG, APN Outdoor Group Limited, iSentia, iiNet Limited and iSelect Limited.
Mr Clifford Johann Rosenberg Non-Executive Director Feb 2019
Mr Rosenberg has more than 20 years experience leading change and innovation in technology and media companies. As the former Managing Director of LinkedIn for Australia, NZ and South-East Asia, Mr. Rosenberg started the Australian office in 2009 and oversaw the expansion of LinkedIn in Australia from 1 million members in 2009 to more than 8 million members in 2017. Previously, he was Managing Director at Yahoo! Australia and New Zealand, and prior to that role he was the founder and Managing Director of iTouch Australia NZ where he grew the Australian office to one of the largest mobile content and application providers in Australia. Mr Rosenberg has more than seven years experience on the boards of publicly listed companies. Cliff was also a Non-Executive Director with Dimmi (online reservations company bought by Tripadvisor.com in May 2015).
Mr Peter Ball Non-Executive Director Mar 2020
Mr Ball has a long career in the professional services sector spanning nearly 40 years, initially in audit both nationally and internationally, with the last 30 years in management consulting. Peter was a Partner with KPMG for some 25 years providing a range of professional services and advice to both public and private sector organisations. He has also held senior roles with KPMG including the national leader of KPMG's Strategic Planning and Economic Development service line and more recently as national partner responsible for the finance and operations for KPMG's Government Advisory Practice. Most of Peter's work involves providing strategic, economic, commercial and business improvement advice to enable organisations to make fully informed business decisions. During his management consulting career Peter has worked across a number of industries including tourism and leisure, gaming and wagering, arts and sports, and state and local governments. Peter has an entrepreneurial spirit and has been involved with a number of start-ups across a range of sectors including property, education, gaming and the pharmaceutical sector. He is also actively involved in the community/not for profit sector having been a Director of Alzheimer's Queensland for the past 10 years. He is chair of Risk Committee.
Mr Paul Jobbins Chief Financial OfficerOperating Officer- Corporate ServicesCompany Secretary Dec 2019
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Mr Stephen Kennedy Head of Governance Risk and ComplianceCompany Secretary Apr 2017
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Mr Edward James Chung Chief Executive Officer May 2008
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Edward James Chung Chief Executive Officer
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Paul Jobbins Chief Financial OfficerOperating Officer- Corporate ServicesCompany Secretary
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Stuart MacDonald Chief Operating Officer
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Stephen Kennedy Head of Governance Risk and ComplianceCompany Secretary
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
JL Mactaggart Holdings Pty Ltd 26,902,500 8.34%
Fundsmith (London) 18,841,086 5.84%
Masterbah Pty Ltd 17,378,500 5.39%
Vinva Investment Management (Sydney) 13,767,228 4.27%
Selector Funds Mgt (Sydney) 12,157,993 3.77%
Hyperion Investor Mgt (Brisbane) 10,143,104 3.14%
Wasatch Global Investors (Salt Lake City) 9,085,974 2.82%
State Street Global Advisors (Sydney) 8,952,639 2.77%
First Sentier Investors (Sydney) 8,396,859 2.60%
Argo Investments (Adelaide) 6,784,564 2.10%
Dimensional Fund Advisors (Sydney) 6,306,246 1.95%
BlackRock Investment Management (Sydney) 5,597,121 1.73%
BlackRock Investment Management (San Francisco) 5,490,376 1.70%
Vanguard Group (Philadelphia) 5,429,294 1.68%
Macquarie Asset Management (Sydney) 5,176,058 1.60%
Acadian Asset Mgt (Boston) 5,017,279 1.55%
Pendal Group (Sydney) 4,901,587 1.52%
Mondrian Investment Partners (London) 4,864,792 1.51%
Lennox Capital Partners (Sydney) 4,796,723 1.49%
Walter Scott & Partners (Edinburgh) 4,500,000 1.39%

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