Annual report is out. should be interesting to watch how the market reacts.
https://www.nzx.com/announcements/355311
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Annual report is out. should be interesting to watch how the market reacts.
https://www.nzx.com/announcements/355311
Had no idea The Reserve Bank owned 38% of the company until scrolling the report.
etrader, while New Zealand Central Securities Depositary Limited is owned by the Reserve Bank of New Zealand, it is the registered owner of securities in a capacity as a Custodian only and is not the beneficial owner of the shares. See https://www.rbnz.govt.nz/-/media/Res...8409.pdf?la=en
NZCSD Ltd appears on many share registers, often holding shares as custodian for institutions.
Appreciate that I hadn’t seen that level of ownership before so good to understand