TOWER LTD

1.425

+0.0100.71%

Volume:64.66K

Turnover:92.88K

Market Cap:488.14M

PE:5.99

High:1.460

Open:1.430

Low:1.425

Close:1.415

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News

Tower Chairman Urges New Zealand Government to Set Final Time Limits on Canterbury Earthquake Insurance Claims, Shares Climb 4%

MT Newswires Live

·

20 May

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The National Hazards Commission is responsible for paying the first NZ$100,000 of each Canterbury earthquake claim, before the responsibility is transferred to private insurers.The current situation may prevent the commission from restoring capital levels, which may leave it vulnerable to the next big event, he cautioned.The insurer's shares climbed 4% in recent trading on the Australian bourse on Tuesday.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["NZ20C.NZ","T10G.NZ","TWR.AU","NZ50G.NZ","BK7034"],"gpt_icon":0},{"id":"2536535356","title":"ASX Preview: Australian Shares to Open Higher as Traders Await RBA Decision","url":"https://stock-news.laohu8.com/highlight/detail?id=2536535356","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536535356?lang=en_us&edition=fundamental","pubTime":"2025-05-20 06:06","pubTimestamp":1747692393,"startTime":"0","endTime":"0","summary":"Australian shares are poised to open higher Tuesday, with investors all eyes on the Reserve Bank of Australia's (RBA) policy decision later in the day.The RBA is widely expected to reduce the official","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["TWR.AU","RBA","XJO.AU","XKO.AU","APA.AU","LU2098885051.SGD","BK7148","BK7034","LU1303367103.USD","LU1815336091.USD","BK4137","LU0757428866.USD","XAO.AU"],"gpt_icon":0},{"id":"2536348653","title":"Tower Posts Higher Fiscal H1 Earnings, Insurance Revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=2536348653","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536348653?lang=en_us&edition=fundamental","pubTime":"2025-05-20 06:03","pubTimestamp":1747692181,"startTime":"0","endTime":"0","summary":"Tower  reported Tuesday that its earnings per diluted share in the fiscal first half rose to NZ$0.13 from NZ$0.094 a year earlier.Analysts polled by Visible Alpha expected NZ$0.114.Insurance revenue for the six months ended March 31 was NZ$295.8 million, up from NZ$269.4 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected NZ$292.7 million.Gross written premium for the first half was NZ$297 million, up from NZ$291 million a year earlier. Analysts surveyed by Visible Alpha expected NZ$303.6 million.The board declared an interim dividend of NZ$0.08 per share, up from NZ$0.03 a year earlier, payable on June 26 to shareholders on record as of June 12.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["TWR.AU"],"gpt_icon":0},{"id":"2536658266","title":"Tower Posts Fiscal H1 EPS of NZ$0.13, Insurance Revenue of NZ$295.8 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2536658266","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536658266?lang=en_us&edition=fundamental","pubTime":"2025-05-20 05:40","pubTimestamp":1747690840,"startTime":"0","endTime":"0","summary":"Tower Posts Fiscal H1 EPS of NZ$0.13, Insurance Revenue of NZ$295.8 Million","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["TWR.AU"],"gpt_icon":0}],"pageSize":4,"totalPage":10,"pageCount":1,"totalSize":38,"code":"91000000","status":"200"}],"@#url:\"https://hq.skytigris.cn/fundamental/corporate_actions/details/TWR.AU\",params:#limit:5,,,undefined,":[{"date":"2025-06-11","symbol":"TWR.AU","amount":0.111111,"announcedDate":null,"type":"dividend","lastAmount":null,"market":"AU","newRecordDate":"2025-06-12","defaultRemindTime":1749600000000,"name":"TOWER LTD","lastCurrency":null,"lastExecuteDate":null,"recordDate":"2025-06-26","payableDate":"2025-06-12","currency":"NZD","dateTimestamp":1749564000000,"payDate":"2025-06-26"},{"market":"AU","date":"2025-03-18","symbol":"TWR.AU","defaultRemindTime":1742252400000,"type":"split","dateTimestamp":1742216400000,"forFactor":10,"toFactor":9,"ratio":1.1111111111111112},{"date":"2025-03-18","symbol":"TWR.AU","amount":0.11858,"announcedDate":null,"type":"dividend","lastAmount":null,"market":"AU","newRecordDate":"2025-03-19","name":"TOWER LTD","lastCurrency":null,"lastExecuteDate":null,"recordDate":"2025-04-02","payableDate":"2025-03-19","currency":"NZD","dateTimestamp":1742216400000,"payDate":"2025-04-02"},{"date":"2025-01-15","symbol":"TWR.AU","amount":0.065,"announcedDate":"2024-09-09","type":"dividend","lastAmount":null,"market":"AU","newRecordDate":"2025-01-16","name":"TOWER LTD","lastCurrency":null,"lastExecuteDate":null,"recordDate":"2025-01-30","payableDate":"2025-01-16","currency":"NZD","dateTimestamp":1736859600000,"payDate":"2025-01-30"},{"date":"2024-06-12","symbol":"TWR.AU","amount":0.03,"announcedDate":"2024-05-28","type":"dividend","market":"AU","newRecordDate":"2024-06-13","defaultRemindTime":1718150400000,"name":"TOWER LTD","recordDate":"2024-06-27","payableDate":"2024-06-13","currency":"NZD","dateTimestamp":1718114400000,"payDate":"2024-06-27"}],"@#url:\"https://hq.skytigris.cn/fundamental/dividend/history\",params:#symbol:\"TWR.AU\",market:\"AU\",,,undefined,":[{"executeDate":"2021-06-29","recordDate":"2021-06-30","paymentDate":"2021-07-14","value":0.025,"currency":"NZD"},{"executeDate":"2022-01-18","recordDate":"2022-01-19","paymentDate":"2022-02-02","value":0.025,"currency":"NZD"},{"executeDate":"2022-06-15","recordDate":"2022-06-16","paymentDate":"2022-06-30","value":0.025,"currency":"NZD"},{"executeDate":"2023-01-17","recordDate":"2023-01-18","paymentDate":"2023-02-01","value":0.04,"currency":"NZD"},{"executeDate":"2024-06-12","recordDate":"2024-06-13","paymentDate":"2024-06-27","value":0.03,"currency":"NZD"}]}}