Memorandum
To: Market Participants
From: NZX Product Operations
Date: Monday, 16 October 2023
Subject: Fletcher Building Limited (“FBU”) – Trading to resume at market open
Message:
NZ RegCo advises that following the release of the announcement by Fletcher Building Limited (“FBU”) at 1:58pm on Friday, 13 October 2023, trading in FBU ordinary shares will resume at market open today.
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS
The retailer has raised the possibility of a full-year earnings loss.
The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet.
"We’ve continued to lag relative to other markets," analyst says.
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