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TWR.NZ on New Zealand Stock Exchange

20 Oct 2017
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$-0.00 (-0.61%)
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Tower Limited is a New Zealand-based company, which is engaged in the provision of general insurance. The Company operates in two geographical segments: New Zealand and the Pacific region. The New Zealand segment consists of general insurance business written in New Zealand. The Pacific Islands segment includes general insurance... (more)


Beta: 0.71
Market Cap(Mil.): $138.30
Shares Outstanding(Mil.): 168.66
Dividend: 0.09
Yield (%): 19.51


  Industry Sector
P/E (TTM): -- 31.56 16.99
EPS (TTM): -- -- --
ROI: -- 0.44 11.25
ROE: -- 14.70 15.06

BRIEF-Tower Ltd appoints Jeff Wright as chief financial officer

* Business performance for four months ending 31 July 2017 remains in line with company's half year update

Aug 30 2017

BRIEF-Tower Ltd says Vero to appeal regulator's decision

* Advised by Vero Insurance New Zealand that it is appealing Commerce Commission's decision to decline its application to acquire 100 of tower

Aug 22 2017

BRIEF-Tower Ltd says Commerce Commission declines Vero scheme

* advises that commerce commission has declined to clear Vero Insurance New Zealand Limited's agreement to purchase all shares in Tower it does not already own

Jul 25 2017

BRIEF-Tower Ltd announces mutual termination of Fairfax scheme​

* Tower will make no further comment on vero transaction until commerce commission has announced their decision on vero sia

Jun 28 2017

BRIEF-Tower Ltd signs scheme implementation agreement with Suncorp

* Entered into scheme implementation agreement with Suncorp group ltd via its wholly-owned subsidiary, Vero Insurance New Zealand Ltd

Jun 27 2017

BRIEF-Tower updates on trading halt

* Request a trading halt to be applied to securities under asx listing and nzx main board/debt market

Jun 25 2017

BRIEF-Tower Ltd evaluates updated Suncorp Group proposal

* Entered a trading halt as it evaluates an updated proposal received from Suncorp Group Limited​

Jun 25 2017

BRIEF-Tower says HY net loss attributable NZ$8.7 mln

* HY net loss attributable NZ$8.7 million , down 8.05 percent year-over-year

May 23 2017

Earnings vs. Estimates