Xero founder Rod Drury pocketed $A198m on Wednesday when he parted with two million shares in the company.
The share price of the cloud accounting software company has increased 23-fold since first listing on the ASX in 2012.
The shares reportedly sold for $A99 each. It is not the first time Drury has cashed in. Other big sales include NZ$122 million in 2019 and NZ$95 million in 2017.
Attorney general Judith Collins reveals new judges for high court and court of appeal.
Major corporates including Carter Group and Fonterra are on the list.
Aussie brokers increasingly like the look of a low-cost, high yield Otago gold play.
Productivity and sustainability go hand in hand for the rural sector
5-star hybrid workspaces, combined with the City Rail Link, are creating a revitalised inner-city zone designed to motivate workers back to the office.
Aussie brokers increasingly like the look of a low-cost, high yield Otago gold play.
Having acted in the role since June last year, she replaces Fraser Whineray.
The insurer's shares have gained 36% so far this year.
The S&P/NZX 50 Index closed at 11,836.04, down 39.31 points or 0.33%.
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