FBU - Fletcher Building

[LaserEyeKiwi]

Peter Reidy, head of Fletcher construction, leaving to return to KiwiRail as CEO.

[Sideshow Bob]

Peter Reidy, head of Fletcher construction, leaving to return to KiwiRail as CEO.

Already replaced - Fletcher Building appoints new Chief Executive Construction - NZX, New Zealand’s Exchange

[winner69]

one of Wellington's bigger constrution companies gone belly up

https://www.nzherald.co.nz/business/...GMV4VNXDLKJDM/

[RTM]

Peter Reidy, head of Fletcher construction, leaving to return to KiwiRail as CEO.

Bet his first priority will be the RailWay to NorthPort !

[Greekwatchdog]

Still no slow down with new builds. So much demand in system couple with Supply Constraints prolongs the cycle.

https://www.nzherald.co.nz/business/...AG6KLB3ZV224A/

[RTM]

"On-market share buyback programme of up to NZ$300 million through to Jun-22"

Does anyone have any idea how far they are through this ? Is this visible somewhere ?
Hopefully good buying for them at the moment.
At $6.2 it would be about 6% of their shares...not insignificant.

[Louloubell]

Does anyone know what they do with the shares they buy back?

[winner69]

Does anyone know what they do with the shares they buy back?

Cancel them

[Southern Lad]

Does anyone know what they do with the shares they buy back?

The daily NZX buy-back disclosure notices state "shares acquired will be cancelled"

[Southern Lad]

"On-market share buyback programme of up to NZ$300 million through to Jun-22"

Does anyone have any idea how far they are through this ? Is this visible somewhere ?

The presentation to the Macquarie Australia conference earlier this week noted that the $300m buy-back was c. 75% through.