Tower Ltd (ASX: TWR) Share Price and News
Price
Movement
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52 Week Range
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1 Year Return
Tower Limited Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$237.18 million
P/E Ratio
14.04
Dividend Yield
110.66%
Shares Outstanding
379.48 million
Earnings per share
0.049
Dividend per share
0.69
Year To Date Return
71.88%
Earnings Yield
7.12%
Franking
N/A
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
Tower Ltd (ASX: TWR)
Latest News
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Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 18 Jan 2010 | $0.0708 | 0.00% | Final | 02 Feb 2010 |
TWR 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 Tower Ltd
Tower Ltd is a general insurance company. The company provides insurance services namely car, house, contents, travel, business, boat insurance among others. It has two geographical segments, New Zealand General Insurance, and Pacific Islands General Insurance.
TWR Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 20 May 2022 | $0.63 | $0.03 | 5.00% | 1,667 | $0.61 | $0.63 | $0.61 |
| 19 May 2022 | $0.60 | $0.00 | 0.00% | 672 | $0.60 | $0.60 | $0.60 |
| 17 May 2022 | $0.60 | $-0.03 | -4.80% | 19,256 | $0.61 | $0.61 | $0.60 |
| 16 May 2022 | $0.63 | $0.02 | 3.28% | 9,400 | $0.63 | $0.63 | $0.63 |
| 13 May 2022 | $0.61 | $0.00 | 0.00% | 5,021 | $0.63 | $0.63 | $0.61 |
| 12 May 2022 | $0.61 | $0.01 | 1.65% | 3,706 | $0.63 | $0.63 | $0.61 |
| 11 May 2022 | $0.61 | $0.01 | 1.68% | 3,257 | $0.62 | $0.63 | $0.61 |
| 09 May 2022 | $0.60 | $-0.02 | -3.28% | 20,000 | $0.62 | $0.64 | $0.60 |
| 05 May 2022 | $0.61 | $0.01 | 1.67% | 5,093 | $0.60 | $0.62 | $0.60 |
| 04 May 2022 | $0.60 | $-0.05 | -7.75% | 4,218 | $0.63 | $0.65 | $0.60 |
| 03 May 2022 | $0.65 | $0.01 | 1.56% | 35,939 | $0.62 | $0.65 | $0.62 |
| 29 Apr 2022 | $0.64 | $0.01 | 1.57% | 2,548 | $0.64 | $0.65 | $0.64 |
| 28 Apr 2022 | $0.64 | $-0.01 | -1.56% | 5,908 | $0.63 | $0.66 | $0.63 |
| 26 Apr 2022 | $0.64 | $0.01 | 1.59% | 22,512 | $0.64 | $0.64 | $0.64 |
| 22 Apr 2022 | $0.63 | $0.00 | 0.00% | 1,810 | $0.63 | $0.63 | $0.63 |
| 21 Apr 2022 | $0.63 | $0.03 | 5.00% | 5 | $0.63 | $0.63 | $0.63 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 09 Mar 2022 | Michael Stiassny | Cancelled | 69 | $49,991 |
As advised by the company. IN NZD
http://www.aspecthuntley.com.au/asxdata/20220404/pdf/02506553.pdf Implementation of Tower Limited's capital return to shareholders whereby the company cancelled 1 share for every 10 shares held. |
| 09 Mar 2022 | Blair Turnbull | Cancelled | 41 | $29,556 |
As advised by the company. IN NZD
Implementation of Tower Limited's capital return to shareholders whereby the company cancelled 1 share for every 10 shares held As per announcement on 04-04-2022 |
| 09 Mar 2022 | Blair Turnbull | Cancelled | 394 | $283 |
As advised by the company. IN NZD
Implementation of Tower Limited's capital return to shareholders whereby the company cancelled 1 share for every 10 shares held As per announcement on 04-04-2022 |
| 09 Mar 2022 | Graham Stuart | Cancelled | 22 | $16,200 |
As advised by the company. IN NZD
Implementation of Tower Limited's capital return to shareholders whereby the company cancelled 1 share for every 10 shares |
| 09 Mar 2022 | Warren Lee | Cancelled | 11 | $8,316 |
As advised by the company. In NZD
Implementation of Tower Limited's capital return to shareholders whereby the company cancelled 1 share for every 10 shares held. |
| 09 Mar 2022 | Warren Lee | Cancelled | 500 | $360 |
As advised by the company. In NZD
Implementation of Tower Limited's capital return to shareholders whereby the company cancelled 1 share for every 10 shares held. As per announcement on 04-04-2022 |
| 09 Mar 2022 | Wendy Thorpe | Cancelled | 1 | $1,170 |
As advised by the company. Implementation of Tower Limited's capital
return to shareholders whereby the company cancelled 1 share for every 10 shares held In NZD As per announcement on 04-04-2022 |
| 09 Mar 2022 | Marcus Nagel | Cancelled | 6 | $4 |
As advised by the company. Implementation of Tower Limited's
capital return to shareholders whereby the company cancelled 1 share for every 10 shares held IN NZD |
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Michael Peter Stiassny | Non-Executive DirectorNon-Executive Chairman | Oct 2012 |
Mr Stiassny is Chairman of Ngati Whatua Orakei Whai Rawa Limited and is a director of a number of other companies including Tegel Group Holdings Ltd, and New Talisman Gold Mines Ltd. Mr Stiassny resides in Auckland - New Zealand.
|
| Mr Graham Robert Stuart | Non-Executive Director | May 2012 |
Mr Stuart, with over 30 years of senior management experience, has held senior leadership roles with several major corporates, in New Zealand and overseas, the latest being the Sealord Group of which he was Chief Executive Officer for seven years. Mr Stuart has served on a number of government bodies including the Food & Beverage Taskforce and the Maori Economic Development Panel. Mr Stuart resides in Auckland - New Zealand.
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| Mr Warren John Lee | Non-Executive Director | May 2015 |
Mr Lee has experience in the international financial services industry. Mr Lee's two most recent executive positions were Chief Executive Officer of the Victorian Funds Management Corporation and Chief Executive Officer, Australia and New Zealand for AXA Asia Pacific Holdings Limited. Mr Lee is currently a non-executive director of MetLife Limited, MyState Limited, and Avenue Hold Limited. Mr Lee resides in Melbourne - Australia.
|
| Ms Wendy Thorpe | Non-Executive Director | Mar 2018 |
Ms Thorpe had an executive career in financial services, leading technology and operations in insurance and wealth management. Her most recent executive role was as Group Executive, Operations for AMP Ltd, and she was previously Chief Operations Officer and Chief Information Officer for AXA in Australia. Ms Thorpe is Chair of Online Education Services, Chair of Epworth Healthcare, and a Non-Executive Director of Ausgrid, and Peoples' Choice Credit Union. Ms Thorpe resides in Melbourne - Australia.
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| Mr Marcus Nagel | Non-Executive Director | Jan 2019 |
Mr Nagel has insurance industry experience. For a decade he has performed senior leadership roles for Zurich in Europe and globally. In his last role at Zurich, he served as the Chief Executive Officer of Zurich Germany managing both life insurance and general insurance businesses. He has also held the position of Vice Chairman of the joint venture with ADAC, Germany's largest Automotive Club, Chairman of the direct insurer, DA Direct, and Chairman of the life insurer, Zurich Deutscher Herold. Prior to that, he also managed the independent financial adviser/broker business for Zurich Global Life. Mr Nagel was nominated by Bain Capital Credit LP (Bain Capital) to represent Bain Capital's stake in Tower (Bain Capital hold 19.99% of Tower's ordinary shares) and his appointment was supported by the Tower Board. Mr Nagel resides in Schindellegi - Switzerland.
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| Mr Blair Turnbull | Chief Executive Officer | Aug 2020 |
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| Ms Hannah Snelling | Company Secretary | Sep 2019 |
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| Ms Rachael Watene | Company Secretary | Sep 2020 |
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| Blair Turnbull | Chief Executive Officer |
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| Hannah Snelling | Company Secretary |
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| Rachael Watene | Company Secretary |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| Dent Issuer Designated Activity Company | 84,329,386 | 19.99% |
| Accident Compensation Corporation | 36,610,998 | 8.68% |
| Citibank Nominees (New Zealand) Limited | 35,499,067 | 8.42% |
| HSBC Nominees (New Zealand) Limited | 21,069,189 | 5.00% |
| BNP Paribas Nominees (Nz) Limited | 17,302,098 | 4.10% |
| Lennon Holdings Limited | 17,000,000 | 4.03% |
| JBWere (NZ) Nominees Limited <NZ RESIDENT A/C> | 13,624,405 | 3.23% |
| Masfen Securities Limited | 12,700,000 | 3.01% |
| National Nominees Limited | 12,203,496 | 2.89% |
| HSBC Nominees (New Zealand) Limited A/C State Street | 8,631,529 | 2.05% |
| Public Trust | 6,450,000 | 1.53% |
| BNP Paribas Nominees (NZ) Limited I | 4,440,103 | 1.05% |
| HSBC Nominees A/C NZ Superannuation Fund Nominees Limited | 4,313,483 | 1.02% |
| JP Morgan Chase Bank NA NZ Branch - Segregated Clients Acct | 3,378,453 | 0.80% |
| TEA Custodian Limited Client Property Trust Account | 3,228,354 | 0.77% |
| Investment Custodial Services Limited | 2,969,919 | 0.70% |
| Forsyth Barr Custodians Limited | 2,659,193 | 0.63% |
| Hobson Wealth Custodian Limited | 2,486,756 | 0.59% |
| JBWere (NZ) Nominees Limited <53329 A/C> | 2,076,302 | 0.49% |
| Rural Equities Limited | 1,912,872 | 0.45% |