Heartland chases shareholder returns after Aust bank acquisition

Heartland says expansion should bring rewards. (Image: Supplied)

Thu, 31 Oct 2024

Heartland Group chair Greg Tomlinson says the year ahead will be one of "transformation" as the company chases shareholder returns.At Wednesday’s annual general meeting (AGM), Tomlinson highlighted the company’s recent shareholder performance.“We acknowledge that key metrics essential to shareholder return need improvement,” he said.Heartland Group's shares, which traded at $2.55 in early 2022, are currently hovering around the $1 mark. In April, Heartland Group became the first New Zealand bank to buy...

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