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JB Hi-Fi Ltd (JBH.AX)

JBH.AX on Australia Stock Exchange

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30 Mar 2017
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Latest Key Developments (Source: Significant Developments)

JB Hi Fi clarifies on media speculation regarding acquisition of Good Guys
Monday, 5 Sep 2016 06:22pm EDT 

JB Hi-Fi Ltd : Notes ongoing speculation in the press that JB Hi Fi may be considering an acquisition of the Good Guys . Remains in the sale process and continues discussions with the Good Guys in regard to a potential acquisition . JB Hi Fi has made no decision and nor has it entered into any agreement with respect to an acquisition of the Good Guys .  Full Article

JB Hi Fi announces share buy back
Sunday, 14 Aug 2016 06:41pm EDT 

JB Hi-Fi Ltd : Announced intention to undertake an on-market share buy-back of up to 429,371 ordinary shares . Buy-back is intended to offset dilutionary impact of shares likely to be issued pursuant to exercise of employee share options . Cash cost would be circa $11.8 million .  Full Article

JB Hi-Fi says FY net profit is $152.2 mln vs $136.5 mln
Sunday, 14 Aug 2016 06:34pm EDT 

JB Hi-Fi Ltd : FY revenue from ordinary activities up 8.28% to $3.95 billion . Says FY net profit attributable to members of JB Hi Fi Limited $ 152.2 million versus $136.5 million . Group expects total sales in FY 2017 to be Circa $4.25 billion . Group expects to open seven new stores in FY 2017 . Says final dividend of 37 cents per share declared .  Full Article

ACCC will not oppose JB Hi Fi's acquisition of Good Guys
Wednesday, 10 Aug 2016 07:03pm EDT 

Australian Competition and Consumer Commission: Will not oppose JB Hi Fi Limited's proposed acquisition of the Good Guys Discount Warehouses . Concluded that JB Hi Fi and the good guys generally focus on different product categories and customers . Found that post-acquisition, customers would have range of alternative retailers of home appliances and consumer electronics . Did not consider that acquisition would substantially lessen competition in any market . Considered the potential for the JB Hi Fi home stores to become a larger player in non-electronics in the future .  Full Article

JB Hi Fi comments on speculation in press that co may be considering acquisition of The Good Guys
Wednesday, 18 May 2016 07:22pm EDT 

JB Hi-Fi Ltd : Notes speculation in the press today that JB Hi Fi may be considering an acquisition of the good guys. . Confirms that it is in preliminary discussions with the good guys in relation to a proposed sale of the good guys . Discussions between JB Hi Fi and the good guys are preliminary and exploratory in nature . JB Hi Fi has made no decision and nor has it entered into any agreement with respect to the acquisition of the Good Guys . "Would only pursue an acquisition if it made compelling financial sense for our shareholders" . Says Good Guys are looking at a range of options including an IPO on the asx. .  Full Article

JB Hi-Fi recommended interim dividend
Sunday, 7 Feb 2016 04:28pm EST 

JB Hi-Fi:Recommended the payment of an interim dividend of 63.0 cents per share.  Full Article

UBS Group AG and its related corporate bodies ceases to become a substantial holder of JB Hi-Fi Ltd
Wednesday, 1 Jul 2015 06:24pm EDT 

JB Hi-Fi Ltd:Says UBS Group AG and its related corporate bodies ceases to become a substantial holder of the company.  Full Article

UBS Group AG and related bodies corporate ceases to be substantial holder of JB HI-FI Limited
Thursday, 25 Jun 2015 05:11am EDT 

JB HI-FI Limited:Says that UBS Group AG and related bodies corporate ceases to be substantial holder of the company effective June 23.  Full Article

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* "trading from December onwards has improved and this is expected to continue for remainder of second half."