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

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Technology One Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $5.42 billion
P/E Ratio 52.22
Dividend Yield 1.00%
Shares Outstanding 325.68 million
Earnings per share 0.315
Dividend per share 0.17
Year To Date Return 7.16%
Earnings Yield 1.91%
Franking 60
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as at 24 Feb 3:44pm

  • Technology One Ltd (ASX: TNE)
    Latest News

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    3 fantastic ASX 200 growth shares that could rise 20% to 40%

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    Share Fallers

    Why Core Lithium, Harvey Norman, TechnologyOne, and Tyro shares are dropping

    These ASX shares are ending the week in the red.

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    Technology Shares

    The CEO of this ASX 200 share just sold $3.9m of shares

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    Frequently Asked Questions

    Yes. TechnologyOne has a long record of paying dividends. It has paid two partially franked dividends, in June and December, every year since  2005. It does not offer a dividend reinvestment plan (DRP).

    The Brisbane-headquartered company listed on

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    30 Nov 2023 $0.0300 60.00% Special Cash 15 Dec 2023
    30 Nov 2023 $0.1190 60.00% Final 15 Dec 2023
    01 Jun 2023 $0.0462 59.96% Interim 16 Jun 2023
    01 Dec 2022 $0.0200 60.00% Special Cash 16 Dec 2022
    01 Dec 2022 $0.1082 59.98% Final 16 Dec 2022
    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 $0.0000 0.00% Special 14 Dec 2017
    28 Nov 2017 $0.0000 0.00% Final 14 Dec 2017
    01 Jun 2017 $0.0000 0.00% 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 Dec 2014 $0.0200 100.00% Special Cash 17 Dec 2014
    01 Dec 2014 $0.0421 100.00% Final 17 Dec 2014
    06 Mar 2006 $0.0140 100.00% Interim 24 Mar 2006
    05 Sep 2005 $0.0170 100.00% Final 23 Sep 2005
    05 Mar 2004 $0.0125 100.00% Interim 25 Mar 2004

    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

    TechnologyOne Ltd (ASX: TNE) is one of the largest publicly listed software companies in Australia, with offices across six countries. It develops user-friendly enterprise software products that are deeply integrated into customers' information technology, or IT, infrastructure.

    The company boasts more than 1,000 clients across seven industry segments: namely, government, local government, financial services, education, health and community services, utilities, and managed services. The TechnologyOne share price is currently trading near its all-time high.

    TNE Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    22 Feb 2024 $16.63 $0.12 0.73% 413,267 $16.50 $16.84 $16.36
    21 Feb 2024 $16.51 $0.04 0.24% 543,644 $16.55 $16.96 $16.46
    20 Feb 2024 $16.47 $0.09 0.55% 590,768 $16.35 $16.59 $16.21
    19 Feb 2024 $16.38 $-0.21 -1.27% 388,170 $16.59 $16.62 $16.38
    16 Feb 2024 $16.59 $0.10 0.61% 537,958 $16.58 $16.76 $16.51
    15 Feb 2024 $16.49 $0.52 3.26% 621,481 $16.14 $16.49 $16.14
    14 Feb 2024 $15.97 $-0.26 -1.60% 446,751 $16.04 $16.11 $15.93
    13 Feb 2024 $16.23 $-0.11 -0.67% 369,349 $16.33 $16.38 $16.09
    12 Feb 2024 $16.34 $0.48 3.03% 478,087 $15.97 $16.36 $15.90
    09 Feb 2024 $15.86 $0.03 0.19% 414,628 $15.94 $16.03 $15.82
    08 Feb 2024 $15.83 $0.05 0.32% 489,578 $15.78 $15.98 $15.71
    07 Feb 2024 $15.78 $0.04 0.25% 309,003 $15.87 $15.91 $15.70
    06 Feb 2024 $15.74 $0.05 0.32% 372,962 $15.63 $15.80 $15.53
    05 Feb 2024 $15.69 $-0.31 -1.94% 323,776 $15.91 $15.93 $15.69
    02 Feb 2024 $16.00 $0.45 2.89% 626,986 $15.70 $16.00 $15.62
    01 Feb 2024 $15.55 $-0.24 -1.52% 595,861 $15.70 $15.71 $15.33
    31 Jan 2024 $15.79 $0.07 0.45% 1,031,529 $15.74 $15.79 $15.58
    30 Jan 2024 $15.72 $-0.16 -1.01% 621,160 $16.04 $16.09 $15.68
    29 Jan 2024 $15.88 $0.10 0.63% 509,206 $15.87 $15.99 $15.84
    25 Jan 2024 $15.78 $0.02 0.13% 363,300 $15.80 $15.81 $15.69
    24 Jan 2024 $15.76 $0.13 0.83% 382,227 $15.64 $15.76 $15.54

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    28 Nov 2023 Edward Chung Sell 254,917 $3,889,334
    On-market trade.
    24 Nov 2023 Edward Chung Exercise 254,917 $2,000,257
    Exercise of options. As per announcement on 24-11-2023
    24 Nov 2023 Edward Chung Buy 254,917 $2,000,257
    Exercise of options. As per announcement on 24-11-2023
    05 Jul 2023 Richard Anstey Buy 4,000 $60,629
    On-market trade.
    14 Jun 2023 John Mactaggart Sell 2,000,000 $31,300,000
    Off-market trade. As per announcement on 14-06-2023

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr John Dugald Mactaggart Non-Executive Director Dec 1999
    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. Mr Mactaggart played an integral role in the creation, funding, and development of TechnologyOne and remains a major shareholder.
    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 understanding of the dynamics in Software as a Service (SaaS). Ms Doyle's leadership of InterFinancial has seen her develop a 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, one of Australia's most successful enterprise software companies. Ms Doyle is a Non-Executive Director at Auto & General. She is Member of Governance & Risk Committee.
    Mr Richard Charles Anstey Non-Executive Director Dec 2005
    Mr Anstey's career has spanned over 40 years. 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 focused upon the technology, telecommunications and life sciences sectors. Through iQFunds and personally, Mr Anstey 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, Mr Anstey 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 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
    Ms Andrews joined the Board in 2016, bringing more than 15 years leadership experience in research and innovation-based organisations. As a founder and investor in numerous innovative companies, Dr Andrews has experience in corporate strategy, entrepreneurship, commercialisation, innovation, research and development. She is Member of Risk & Governance Committee.
    Mr Patrick (Pat) Redmond Joseph O'Sullivan Lead Independent DirectorNon-Executive DirectorNon-Executive Chairman Mar 2021
    Mr O'Sullivan has 40 years' experience working across a range of industries both as an executive and a non-executive director. His last executive role was the Chief Operating Officer and Finance Director of Nine Entertainment Co Pty Limited, a position he held for 6 years until June 2012 and prior to that he was the Chief Financial Officer of Optus for 5 years. He is currently Chair of Carsales.com and Siteminder. His previous ASX non-executive director roles include Afterpay, iiNet, iSelect, APN Outdoor, iSentia and Marley Spoon.
    Mr Edward James Chung Chief Executive OfficerManaging Director May 2008
    Mr Chung has led TechnologyOne through its continued growth trajectory and transformation into Australia's leading enterprise Software as a Service (SaaS) business. With a passion for growth, innovation, and TechnologyOne's people, he led the business to become one of Australia's ASX 100 listed companies in 2023 and has long-term continued growth in his sights for the future. Appointed as CEO in May 2017 after more than 10 years in senior executive roles at TechnologyOne, including one and a half years as the company's Chief Operations Officer. From 2014, Edward headed up TechnologyOne's products and solutions division, including Research and Development (R&D) where he led the team that transitioned the business into a fully SaaS-based organisation. Prior to that he led the finance and corporate services division and developed the commercial frameworks to drive the company's expansion.
    Mr Clifford Johann Rosenberg Non-Executive Director Feb 2019
    Mr Rosenberg has more than 25 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 mobile content and application providers in Australia. Mr Rosenberg has more than ten years' experience on the boards of publicly listed companies. His directorships include A2B Australia Limited and Bidcorp. Cliff was also a Non-Executive Director with Nearmap which was sold and delisted in December 2022 as well as Afterpay, which was acquired in January 2022.He is Chair of Governance Committee.
    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. Mr Ball was a Partner with KPMG for 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 Mr Ball'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 Mr Ball has worked across a number of industries including tourism and leisure, gaming and wagering, arts and sports, and state and local governments. Mr Ball 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 over 10 years.He is Chair of Risk Committee.
    Mr Stephen Kennedy Head of Governance Risk and ComplianceCompany Secretary Apr 2017
    -
    Cale Bennett Chief Financial Officer
    -
    Stuart MacDonald Chief Operating Officer
    -
    Stephen Kennedy Head of Governance Risk and ComplianceCompany Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    JL Mactaggart Holdings Pty Ltd 24,902,500 7.67%
    Masterbah Pty Ltd 14,372,500 4.43%
    Selector Funds Mgt (Sydney) 11,721,486 3.61%
    State Street Global Advisors (Sydney) 11,152,446 3.44%
    Vanguard Group (Philadelphia) 10,402,343 3.20%
    Hyperion Investor Mgt (Brisbane) 8,740,149 2.69%
    Macquarie Asset Management (Sydney) 7,788,446 2.40%
    Blackrock Investment Management (San Francisco) 7,246,455 2.23%
    Argo Investments (Sydney) 6,750,000 2.08%
    First Sentier Investors (Sydney) 6,577,263 2.03%
    Dimensional Fund Advisors (Sydney) 6,366,523 1.96%
    Fundsmith (London) 6,339,946 1.95%
    Alphinity Investment Mgt (Sydney) 6,082,859 1.87%
    Acadian Asset Mgt (Boston) 6,069,950 1.87%
    Vanguard Investments (Melbourne) 4,989,311 1.54%
    Plato Investment Mgt (Sydney) 4,835,896 1.49%
    Blackrock Investment Mgt (Australia) 4,577,703 1.41%
    Walter Scott & Partners (Edinburgh) 4,426,290 1.36%
    Wasatch Global Investors (Salt Lake City) 4,263,005 1.31%
    Goldman Sachs Asset Mgt (New York) 4,256,091 1.31%

    Profile

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