About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   tmmonline.nz  |   landlords.co.nz
Last Article Uploaded: Thursday, January 30th, 12:30AM
rss
Latest Headlines

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.

Tags: ASX 100 nib S&P

« AIA's shot at a TV adAsteron and Fidelity go head to head for award »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Insurance Briefs

Southern Cross launches advisory group
Southern Cross Health Society has announced the establishment of a Māori governance advisory group in a first for New Zealand’s health insurance sector.

HealthLink and Konnect NET to merge
Healthcare technology companies HealthLink and Konnect NET are merging.

Fidelity scores top award for third consecutive year
Fidelity Life has been named 2019 Life Insurance Company of the Year by ANZIIF for the third consecutive year.

Suncorp invests in wellbeing
Suncorp New Zealand has now invested a total of $20 million into wellbeing bonds as part of its focus on identifying sustainable investment opportunities that can deliver positive community outcomes.

News Bites
Latest Comments
Subscribe Now

Mortgage Rates Newsletter

Daily Weekly

Previous News

MORE NEWS»

Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com