Napier Port completes share buyback programme

CORPACT
Fri, Jun 21 2024 01:25 pm

Napier Port Holdings Limited (“Napier Port”) today announces the successful completion of its on-market share buyback programme.

The share buyback programme commenced in May 2024 and Napier Port has now acquired 175,000 ordinary shares. The shares were acquired to be held as treasury stock and used for the purposes of Napier Port’s employee share ownership plans.

The total number of shares on issue following the completion of the share buyback is 199,783,244 shares.

ENDS

For more information:

Investors
Kristen Lie
Chief Financial Officer
DDI: +64 6 833 4405
E: [email protected]

Media
Jo-Ann Young
Corporate Affairs Manager
DDI: +64 6 833 4521
E: [email protected]

About Napier Port
Napier Port is New Zealand’s fourth largest port by container volume. We are the gateway for Hawke’s Bay and lower North Island’s exports and operate a long-term regional infrastructure asset that supports the regional economy. Our strategic purpose is to collaborate with the people and organisations that have a stake in helping our region grow. View Napier Port’s investor centre: www.napierport.co.nz/investor-centre/


Announcement PDF


Markets News

How NZ will benefit from global PE giants in Australia
Markets

How NZ will benefit from global PE giants in Australia

New offices and deals in Australia are good news for NZ, M&A expert says.

Markets Market close

NZ sharemarket falls 1% ahead of long weekend

The S&P/NZX 50 Index closed at 11,717.43, down 117.58 points or 0.99%.

Graham Skellern 27 Jun 2024
NZ sharemarket falls 1% ahead of long weekend
Markets

Another small step for Rakon with satellite win

Firm will supply parts for low-orbit satellite but doesn't flag deal as material.

Another small step for Rakon with satellite win