The a2 Milk Co Ltd (ASX: A2M) Share Price and News

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The a2 Milk Co Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $4.18 billion
P/E Ratio 29.55
Dividend Yield 0.00%
Shares Outstanding 724.02 million
Earnings per share 0.231
Dividend per share N/A
Year To Date Return 29.81%
Earnings Yield 3.38%
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as at 24 Feb 3:44pm

  • The a2 Milk Co Ltd (ASX: A2M)
    Latest News

    mother feeding her baby milk
    Consumer Staples & Discretionary Shares

    Can A2 Milk shares benefit from the US baby formula shortage?

    The United States has seen an unprecedented shortage of baby formula in recent months.

    Read more »

    A woman in her 20s holds a glass of milk up towards her face as if to drink it but makes a grimacing face as though she has smelt that the milk might be off or soured.
    Consumer Staples & Discretionary Shares

    A2 Milk share price wavers amid class action news

    Certain shareholders may be eligible to join the class action.

    Read more »

    Three guys in shirts and ties give the thumbs down.
    Consumer Staples & Discretionary Shares

    Why is the A2 Milk share price falling today?

    A2 Milk shares are falling on Tuesday...

    Read more »

    a woman holds her hands to her temples as she sits in front of a computer screen with a concerned look on her face.
    Share Fallers

    Why A2 Milk, Gold Road, GrainCorp, and Monash IVF shares are dropping

    These ASX shares are falling on Friday...

    Read more »

    Close up of baby looking puzzled
    Consumer Staples & Discretionary Shares

    Which is the better beaten-up buy, Bubs or A2 Milk shares?

    A decline in the Chinese infant formula market has hurt both of these companies.

    Read more »

    Person with thumbs down and a red sad face poster covering the face.
    Share Fallers

    Why A2 Milk, Imugene, Liontown, and Magellan shares are tumbling lower

    These ASX shares are falling hard on Monday...

    Read more »

    ASX shares downgrade A young woman with tattoos puts both thumbs down and scrunches her face with the bad news.
    Broker Notes

    A2 Milk share price sinks to multi-year low following broker downgrade

    This broker is no longer bullish on the struggling infant formula company...

    Read more »

    Young girl drinking glass of milk
    Consumer Staples & Discretionary Shares

    What's the outlook for the A2 Milk share price in May?

    Here's what experts have recently forecasted for the former market darling's stock.

    Read more »

    milk asx share price falling represented by sad child with glass of milk
    Consumer Staples & Discretionary Shares

    The A2 Milk share price plunged 15% in April. What went wrong?

    What's gone so wrong for A2 Milk shares this month?

    Read more »

    Older man and young boy smiling while drinking milk with milk moustaches
    Consumer Staples & Discretionary Shares

    Despite continuing woes in China, here's what to like about A2 Milk shares

    Could the embattled infant formula company’s shares be a bargain at current prices?

    Read more »

    two smiling people, a man and a woman, raise a hand in a wave as they are tethered to each other while they skydive against a clear sky with a covering of clouds below before their parachute opens.
    Broker Notes

    It's time to buy these 2 fallen ASX shares again: expert

    One professional has named a pair of beaten-down stocks he that thinks is ready for a massive rebound.

    Read more »

    A woman sits with a glass of milk in front of her as she puts a finger to the side of her face as though in thought while her eyes look to the side as though she is contemplating something.
    Consumer Staples & Discretionary Shares

    Is there still hope for the A2 Milk share price in 2022?

    Could the embattled milk company's shares be an opportunity this year?

    Read more »

    Frequently Asked Questions

    The a2 Milk Company Ltd does not currently pay a dividend.

    The a2 Milk Company Ltd does not currently have a dividend reinvestment program.

    The company was founded in 2000 in New Zealand and listed on the ASX in March 2015.

    A2M ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About The a2 Milk Co Ltd

    A2 Milk Company Ltd (ASX: A2M) is a fresh milk and infant formula company that sources, produces and supplies a2 brand milk and milk-related products in Australia and globally.

    The Company was founded in 2000 in New Zealand by scientist Dr Corran McLachlan and Howard Paterson.

    The company produces fresh cows' milk that naturally contains the A2 protein type and no A1 protein. Some research suggests the A1 protein can cause digestion issues.

    A2M Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    31 Oct 2024 $5.77 $0.02 0.35% 1,983,122 $5.73 $5.84 $5.68
    30 Oct 2024 $5.75 $-0.08 -1.37% 1,646,474 $5.90 $5.91 $5.75
    29 Oct 2024 $5.83 $0.10 1.75% 5,071,981 $5.79 $5.98 $5.78
    28 Oct 2024 $5.73 $-0.01 -0.17% 1,772,557 $5.74 $5.78 $5.70
    25 Oct 2024 $5.74 $-0.07 -1.20% 2,052,391 $5.81 $5.83 $5.73
    24 Oct 2024 $5.81 $-0.12 -2.02% 1,320,827 $5.91 $5.92 $5.81
    23 Oct 2024 $5.93 $0.04 0.68% 3,776,607 $5.89 $5.97 $5.88
    22 Oct 2024 $5.89 $-0.02 -0.34% 2,269,247 $5.91 $5.95 $5.78
    21 Oct 2024 $5.91 $0.01 0.17% 1,965,189 $6.03 $6.07 $5.90
    18 Oct 2024 $5.90 $-0.09 -1.50% 3,213,583 $5.96 $5.97 $5.86
    17 Oct 2024 $5.99 $-0.15 -2.44% 2,146,714 $6.18 $6.21 $5.98
    16 Oct 2024 $6.14 $-0.22 -3.46% 2,449,936 $6.30 $6.33 $6.12
    15 Oct 2024 $6.36 $-0.06 -0.93% 2,167,316 $6.33 $6.40 $6.28
    14 Oct 2024 $6.42 $-0.03 -0.47% 777,670 $6.50 $6.52 $6.41
    11 Oct 2024 $6.45 $-0.01 -0.15% 1,494,677 $6.46 $6.49 $6.42
    10 Oct 2024 $6.46 $0.11 1.73% 1,926,671 $6.37 $6.57 $6.33
    09 Oct 2024 $6.35 $0.00 0.00% 1,335,940 $6.30 $6.40 $6.27
    08 Oct 2024 $6.35 $-0.02 -0.31% 3,200,078 $6.33 $6.52 $6.19
    07 Oct 2024 $6.37 $0.14 2.25% 979,318 $6.24 $6.40 $6.23
    04 Oct 2024 $6.23 $-0.09 -1.42% 1,089,762 $6.30 $6.31 $6.17
    03 Oct 2024 $6.32 $-0.09 -1.40% 2,219,963 $6.33 $6.38 $6.24
    02 Oct 2024 $6.41 $0.18 2.89% 3,376,613 $6.20 $6.49 $6.19

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    30 Aug 2024 David Bortolussi Buy 490,906 $2,744,164
    Conversion of securities.
    30 Aug 2024 David Bortolussi Exercise 490,906 $2,744,164
    Conversion of securities. 1,191,246 performance rights
    15 Dec 2023 David Bortolussi Issued 690,066 $2,794,767
    Issue of securities. 1,682,152 performance rights

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Warwick Lynton Every-Burns Non-Executive Director Aug 2016
    Mr Every-Burns has been a career Consumer Packaged Goods (CPG) executive of global scale. His executive roles have included a career with The Clorox Company of the USA as Senior Vice President, International, based in the USA and prior to that as VP Asia Pacific. His earlier roles included Managing Director of NationalPak Limited (the Glad Products Company ultimately acquired by Clorox) and a long career with Unilever plc where he was based in Australia. He is also Chair of the People and Remuneration Committee.
    Mr David Landt Bortolussi Chief Executive OfficerManaging Director Feb 2021
    Mr Bortolussi career has been focused on the consumer and retail sector in Australia and New Zealand complemented by international experience in various markets and categories in China, SE Asia, the EU and the USA. David also has an interest in private equity and growth-phase businesses. He is a member of the advisory board of Whiteoak and supports the development of investee companies.
    Ms Philippa (Pip) Mary Greenwood Non-Executive Director Jul 2019
    Ms Greenwood is also the Chair of Westpac New Zealand and a director of Fisher & Paykel Healthcare. She was previously a director of Spark New Zealand and Vulcan Steel. Prior to becoming a full-time director, Pip was a senior partner at law firm Russell McVeagh, where she spent over 10 years on the firm's Board including acting as the firm's Board Chair and interim CEO.
    Ms Kathryn(Kate) Mitchell Non-Executive Director Jun 2023
    Ms Mitchell has governance experience as a director of both private and public companies. Prior to moving to New Zealand in 2014, Kate's executive career spanned over 20 years in investment banking in London, which included senior leadership roles in the Global Markets division within investment banks including Deutsche Bank, Goldman Sachs and Merrill Lynch. She also has experience in developing solutions for clients, particularly in the areas of financial risk management, structured financing and investments. She is also Chair of the Risk Management Committee.
    Ms Sandra Yu Non-Executive Director Mar 2022
    Ms Yu is a company director and a global executive in consumer goods industries, and importantly in the infant milk formula (IMF) market in China, with a proven track record of driving business and brand transformation, leveraging opportunities for growth, and building organizational capabilities across China as well as the USA and other parts of Asia. Prior to that, Sandra held various other senior executive roles at Mead Johnson Nutrition, including as the Global Marketing Vice President, responsible for transition to new digital media and e-commerce channels globally.
    Mr David Wang Non-Executive Director Sep 2022
    Mr Wang brings expertise across the Asia-Pacific region in manufacturing and supply chain with over 30 years of experience in industrial and consumer goods businesses including 15 years in senior executive leadership roles in China and international. In his career, David has held various senior executive roles including at Blackstone AVINTIV Inc and Dover Corporation where his responsibilities covered manufacturing, research and development, technology, sales and marketing throughout Asia. David sits on both the Risk Management and the People and Remuneration Committees.
    Mr Jaron McVicar Company SecretaryGeneral Counsel Nov 2016
    -
    Jaron McVicar Company SecretaryGeneral Counsel
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 113,290,528 15.67%
    Citicorp Nominees Pty Limited 96,163,814 13.30%
    BNP Paribas Nominees NZ Limited Bpss40* 42,529,528 5.88%
    J P Morgan Nominees Australia Pty Limited 34,661,044 4.79%
    HSBC Nominees (New Zealand) Limited* 26,156,306 3.62%
    Tea Custodians Limited* 21,013,734 2.91%
    HSBC Custody Nominees (Australia) Limited Gsco Eca 20,980,543 2.90%
    Accident Compensation Corporation* 20,509,205 2.84%
    JPMORGAN Chase Bank* 18,595,095 2.57%
    New Zealand Superannuation Fund Nominees Limited* 17,659,815 2.44%
    Citibank Nominees (NZ) Ltd* 15,787,511 2.18%
    New Zealand Depository Nominee 14,021,429 1.94%
    National Nominees Limited 13,425,469 1.86%
    HSBC Nominees (New Zealand) Limited* i 9,463,432 1.31%
    Premier Nominees Limited* 8,473,699 1.17%
    Public Trust* 7,323,398 1.01%
    UBS Nominees Pty Ltd 6,938,917 0.96%
    New Zealand Permanent Trustees Limited* 6,325,699 0.88%
    BNP Paribas Noms Pty Ltd 6,123,304 0.85%
    JBWere (NZ) Nominees Limited 5,945,531 0.82%

    Profile

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