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An update from Tower Limited ( (AU:TWR) ) is now available.
Tower Limited has announced a capital return to shareholders, resulting in the cancellation of one share for every ten shares held as of March 19, 2025. This transaction led to a reduction in shares held by Director Michael John Cutter, from 34,726 to 31,253, reflecting the company’s strategic move to optimize shareholder value.
More about Tower Limited
Tower Limited operates in the financial services industry, primarily focusing on providing insurance products. The company is listed on the New Zealand Stock Exchange under the ticker TWR.
YTD Price Performance: 15.38%
Average Trading Volume: 38,734
Technical Sentiment Signal: Sell
Current Market Cap: A$461.6M
For detailed information about TWR stock, go to TipRanks’ Stock Analysis page.