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Chorus Ltd (CNU.NZ)

CNU.NZ on New Zealand Stock Exchange

5.07NZD
13 Sep 2019
Change (% chg)

$-0.04 (-0.78%)
Prev Close
$5.11
Open
$5.11
Day's High
$5.13
Day's Low
$5.07
Volume
71,369
Avg. Vol
573,830
52-wk High
$6.39
52-wk Low
$4.52

Latest Key Developments (Source: Significant Developments)

Chorus Says Kate Mckenzie To Step Down As CEO
Sunday, 25 Aug 2019 

Aug 26 (Reuters) - Chorus Ltd ::KATE MCKENZIE TO STEP DOWN AS CHORUS CEO.KATE MCKENZIE IS TO STEP DOWN AS CEO AND MANAGING DIRECTOR AT END OF 2019.OVER COMING YEARS, CAPITAL EXPENDITURE COMMITMENTS WILL REDUCE MARKEDLY; WILL SEE A COMMENSURATE IMPROVEMENT IN CASHFLOWS.  Full Article

Chorus Q4 Total Broadband Connections 1.2 Mln
Tuesday, 16 Jul 2019 

July 17 (Reuters) - Chorus Ltd ::Q4 TOTAL BROADBAND CONNECTIONS 1.2 MILLION.TOTAL FIXED LINE CONNECTIONS 1.5 MILLION IN Q4.  Full Article

Downer Edi Selected By Chorus For 2019 Field Services Agreement
Monday, 13 May 2019 

May 14 (Reuters) - Downer Edi Ltd ::SELECTED BY CHORUS FOR 2019 FIELD SERVICES AGREEMENT; AGREEMENT WILL GENERATE REVENUE OF APPROXIMATELY NZ$220 MILLION.  Full Article

Chorus Says Total Fixed Line Connections Declined By 14,000 In Q3
Tuesday, 9 Apr 2019 

April 10 (Reuters) - Chorus Ltd ::TOTAL FIXED LINE CONNECTIONS DECLINED BY 14,000 TO ABOUT 1.5 MILLION IN Q3.TOTAL BROADBAND CONNECTIONS GREW BY 5K TO ABOUT 1.2 MILLION IN Q3.  Full Article

Chorus Launches Re-Setting Fixed Rate Retail Bond Offer
Tuesday, 13 Nov 2018 

Nov 14 (Reuters) - Chorus Ltd ::IS OFFERING UP TO NZ$300 MILLION TEN YEAR UNSECURED, UNSUBORDINATED, RE-SETTING FIXED RATE BONDS.INDICATIVE ISSUE MARGIN RANGE FOR BONDS IS 1.80% TO 1.90% PER ANNUM.  Full Article

Chorus Signals Plans To Reduce Wholesale Price Of Its Premium Fibre Product
Tuesday, 13 Nov 2018 

Nov 14 (Reuters) - Chorus Ltd ::SIGNALLED IT PLANS TO REDUCE WHOLESALE PRICE OF ITS PREMIUM FIBRE PRODUCT.REACHES 500,000 FIBRE CONNECTIONS.WHOLESALE PRICE FOR RESIDENTIAL GIGABIT SERVICE WILL DROP FROM NZ$65 A MONTH TO NZ$60.  Full Article

Chorus Considers Retail Bond Offer Of Up To NZ$300 Million
Sunday, 4 Nov 2018 

Nov 5 (Reuters) - Chorus Ltd ::IS CONSIDERING MAKING AN OFFER OF UP TO NZ$300 MILLION.BONDS WILL HAVE AN INTEREST RATE WHICH WILL BE INITIALLY SET FOR A FIVE YEAR TERM AND THEN RE-SET FOR A FURTHER PERIOD OF FIVE YEARS.CONSIDERS RETAIL BOND OFFER.OFFER IS EXPECTED TO OPEN WEEK OF 12 NOVEMBER 2018.BONDS EXPECTED TO BE QUOTED ON NZX DEBT MARKET.  Full Article

Chorus Ltd FY Net Profit After Tax NZ$85 Million
Sunday, 26 Aug 2018 

Aug 27 (Reuters) - Chorus Ltd ::FY NET PROFIT AFTER TAX NZ$85 MILLION VERSUS NZ$113 MILLION.FINAL DIVIDEND 13 NZ CENTS PER SHARE.FY OPERATING REVENUE OF NZ$990 MILLION VERSUS NZ$1,040 MILLION.FY19 GUIDANCE FOR EBITDA NZ$625 - NZ$645 MILLION.FY19 CAPITAL EXPENDITURE GUIDANCE NZ$820 - NZ$860 MILLION.FY19 GUIDANCE FOR DIVIDEND 23 CENTS PER SHARE.  Full Article

Chorus Says ‍Qtrly Total Fixed Line Connections Declined By 23,000 To About 1.6 Mln
Wednesday, 17 Jan 2018 

Jan 18 (Reuters) - Chorus Ltd ::‍QTRLY TOTAL FIXED LINE CONNECTIONS DECLINED BY 23,000 TO ABOUT 1.6 MILLION.QTRLY TOTAL BROADBAND CONNECTIONS DECLINED BY 3,000 TO 1.2 MILLION ‍​.  Full Article

Chorus updates on Zero Commission NZ offer to buy Chorus' shares
Wednesday, 25 Oct 2017 

Oct 26 (Reuters) - Chorus Ltd :‍Zero commission NZ notified co of its intention to write to selected Chorus shareholders with offer to buy their shares at NZ$3.80/share‍​.‍Zero Commission's offer is expected to open on 31 October 2017 and close on 1 December 2017​.  Full Article

Australia shares flat as fresh trade tariffs take effect

Sept 2 Australian shares were little changed on Monday as investors stayed cautious, contemplating the after-effects of another round of tariff hikes in the festering trade war between the United States and China.