https://www.nzx.com/announcements/431441
Buyback of 0.5% or 175,000 shares.
"The acquired shares will be held as treasury stock upon acquisition intended to be used for the purposes of Napier Port’s employee share ownership plans."
Printable View
https://www.nzx.com/announcements/431441
Buyback of 0.5% or 175,000 shares.
"The acquired shares will be held as treasury stock upon acquisition intended to be used for the purposes of Napier Port’s employee share ownership plans."
forget comparing to 1.7c div previous period - that was after the Cyclone hit a year back.
2.8c Div in previous June 2021 & 2022 distributions is better for comparisons to the 3.0c
Similarly turnover comparisons need to look back a period earlier to remove Cyclone hits.
The gut feeling is that NPH continues to underperform & disappoint.
That is what the market perception via the SP is conveying