nib enters ASX 100
nib health funds has been added to the ASX 100 index as part of the September 2019 quarterly rebalance of the S&P/ASX Indices.
Monday, September 9th 2019, 9:34AM
Group managing director Mark Fitzgibbon said the change reflected the insurer’s strong ongoing performance.
“It’s been a fantastic journey since our listing on the ASX in 2007 to now being included as one of the top 100 companies,” he said.
“We continue to deliver upon our commitment to meeting the needs of our members and travellers wherever they are in the world, which translates into commercial results.
“We’ve also delivered very good returns for shareholders, with a total shareholder return since listing of 1701% compared to 66% for the ASX200. In addition, our share price has gone from 0.85c at listing to more than $7 currently,” he said.
The change is effective at the open of trading on September 23.
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