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...

More Markets

NZ sharemarket braces for Trump's 'Liberation Day'
Markets Market Close

NZ sharemarket braces for Trump's 'Liberation Day'

The S&P/NZX 50 Index closed at 12,320.19, up 7.59 points or 0.062%.

Graham Skellern 02 Apr 2025
Westpac Bank’s Eckhold says April cut likely wrong move
Economy

Westpac Bank’s Eckhold says April cut likely wrong move

Economists are widely expecting a 25 bps rate cut next week. 

Rebecca Howard 02 Apr 2025
The simple strategy behind Dairyworks
Primary Sector

The simple strategy behind Dairyworks

Is New Zealand still fixated on the 1kg block of cheese?

Riley Kennedy 02 Apr 2025
Trump-era FX 'compounding' margin losses, analysts say
Retail

Trump-era FX 'compounding' margin losses, analysts say

"Liberation day" could make matters worse, says Kiwibank’s Kerr.

Gregor Thompson 02 Apr 2025