Previous close | 4.1500 |
Open | 4.1600 |
Bid | 4.1700 x 0 |
Ask | 4.1800 x 0 |
Day's range | 4.1400 - 4.1700 |
52-week range | 3.4200 - 4.4500 |
Volume | |
Avg. volume | 7,806,841 |
Market cap | 13.79B |
Beta (5Y monthly) | 0.28 |
PE ratio (TTM) | 7.58 |
EPS (TTM) | 0.5500 |
Earnings date | 27 May 2024 - 31 May 2024 |
Forward dividend & yield | 0.18 (4.39%) |
Ex-dividend date | 12 Dec 2023 |
1y target est | 4.58 |
(Reuters) -Australia's fourth-biggest bank ANZ Group said on Wednesday it had agreed to sell around 546 million shares, or 16.5% interest, in Malaysian lender AMMB Holdings (AmBank) for about 2.10 billion ringgit ($443.69 million). The sale of shares, made through a block trade, has been upsized to a 16.5% stake from 9% previously agreed, according to a term sheet seen by Reuters. Shares of ANZ advanced nearly 1% to A$29 by 1241 GMT, their highest since August 2021, outperforming a 0.6% gain in the broader financials sub-index.
Australia's fourth-biggest bank ANZ Group said on Wednesday it had agreed to sell around 546 million shares, or 16.5% interest, in Malaysian lender AMMB Holdings (AmBank) for about 2.10 billion ringgit ($443.69 million). The sale of shares, made through a block trade, has been upsized to a 16.5% stake from 9% previously agreed, according to a term sheet seen by Reuters. Shares of ANZ advanced nearly 1% to A$29 by 1241 GMT, their highest since August 2021, outperforming a 0.6% gain in the broader financials sub-index.
Australia's fourth-biggest bank ANZ Group is selling around 298 million shares or 9% stake worth up to $242 million in Malaysian lender AMMB Holdings or AmBank, according to a term sheet seen by Reuters on Tuesday. The shares are being offered at between 3.80 ringgit and 3.85 ringgit per AMMB share, according to the sheet, which is equivalent to a discount of 8.3% to 9.5% to the closing price of AMMB's shares of 4.20 ringgit on Tuesday.