Share buy a welcome vote of confidence in market operator

Share buy a welcome vote of confidence in market operator
The stock market operator has hairy goals to achieve by 2027. (Image: Supplied)
Paul McBeth
In one of those blink-and-you-miss-it moments, there was a vote of confidence in the stock market operator and also an admission that its best-laid plans are yet to hit the mark. Late last week, a notice to the stock exchange noted the cancellation of New Zealand Exchange (NZX) chief executive Mark Peterson’s 550,449 performance rights that would have vested in April had the company’s total shareholder return jumped the hurdle set for its skipper back in 2021. The 2023 annual report made it pretty clear that wasn’t g...

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Tom Raynel 14 May 2025