WOW
Director Trades
| Date | Director | Value |
|---|---|---|
| 4/11/24 | P. Chronican | $237,040 |
| 6/11/24 | T. Fellows | $49,928 |
| 4/5/25 | M. Brenner | $20,401 |
| 5/5/25 | M. Brenner | $15,040 |
Company News
OMG Group Increases Range of PrOATein RTD Products Available in Woolworths Stores Nationwide
OMG Group (ASX: OMG) has secured a deal with Woolworths Group (ASX: WOW) to increase the exposure and sales of its Oat Milk Goodness (OMG) PrOATein ready-to-drink (RTD) products. The company will stock its chocolate- and coffee-flavoured PrOATein drinks on the shelves of 943 supermarkets nationally from November. 896 stores (up from 466) will now […]
Woolworths CEO Brad Banducci to step down, group posts $781m half-year loss
Woolworths Group (ASX: WOW) has confirmed that chief executive officer and managing director Brad Banducci will step down from the role in September after 13 years with the company and more than eight years in charge. The news comes just days after a bungled interview with the Australian Broadcasting Commission’s (ABC) Four Corners program, in […]
Woolworths hits $1.6b profit despite higher prices and changing buying habits
Supply-driven inflation and a return to more normalised shopping habits, including weekend and evening sales, have been large contributors to a 4.6% rise in full-year profits for Woolworths Group (ASX: WOW). Australia’s largest grocery chain today announced an annual net profit after tax from continuing operations of $1.62 billion compared with $1.55 billion a year […]
How to save yourself from the tap and go rip-off
Innovation is meant to make everything easier and cheaper and there is little doubt that tap and go payments have done the first bit very nicely. More than half of all in person transactions are now tap and go with people voting with their cards and phones for the convenience of a rapid green tick. […]
Mineral Resources prepares Norwest Energy takeover bid, APM Human Services acquires Everyday Independence and Westpac settles class action
Mining giant Mineral Resources (ASX: MIN) has revealed plans to make an off-market bid for the remaining stake in oil explorer Norwest Energy (ASX: NWE), adding to its existing 19.9% stake in the company. The deal will be worth around $403 million, at an offer price of $0.06 per share which represents a 33.3% premium […]
EV push sees more than 100 companies unite, TPG calls on Bank of America and GrainCorp surges on wheat prices
More than 100 businesses and organisations have come together in an effort to have 1 million electric vehicles (EVs) on Australian roads by 2027. Heading the charge includes retail giant Woolworths Group (ASX: WOW), Linfox, AGL Energy (ASX: AGL), infrastructure company Transurban Group (ASX: TCL) and various car-markers including Tesla, BMW, Volvo and MG Motor. […]
Woodside to supply LNG to Europe, Woolworths’ bid for MyDeal approved and Santos receives more CCS permits
Australia-based Woodside Energy (ASX: WDS) has inked a long-term deal 12 cargoes of liquefied natural gas (LNG) from January 2023 to German utility Uniper – in a bid to cut Europe’s reliance on Russian supplies. Uniper was Europe’s former largest buyer of Russian gas, but Russia President Vladimir Putin has threatened to turn off the […]
Stanmore buys Mitsui’s stake in QLD coal venture, IDP Education appoints new CEO and Santos purchases pipeline route
Stanmore Resources (ASX: SMR) has announced it will buy Mitsui & Co’s remaining 20% stake in BHP Mitsui Coal (now renamed Stanmore SMC) the company’s joint venture with BHP Group (ASX: BHP), for an estimated $380 million. The Australia-based resources company plans to fund the purchase through internal resources, which comes after it agreed on […]
Origin invests further $163m in UK’s Octopus Energy, OZ Minerals reports production fall and Iress gains new chief
Origin Energy (ASX: ORG) has announced it is investing a further $163 million to maintain its 20% equity in fast-growing United Kingdom renewables group Octopus Energy. Octopus Energy has recently emerged as the UK’s fifth-largest energy retailer, growing its customer base by 25% to 3.1 million. Since Origin’s first investment into Octopus back in May […]
ANZ’s $4.9b bid for Suncorp Bank, Woolworths buys Shopper Media, and Worley wins services contracts with Saudi giant Aramco
Australia and New Zealand Banking Group (ASX: ANZ) has announced a $4.9 billion bid to acquire Suncorp Group’s (ASX: SUN) Suncorp Bank division, with the acquisition expected to accelerate growth of ANZ’s retail and commercial businesses, while expanding its presence across the east coast. The major bank entered a trading halt to raise $3.5 billion […]