Lynch Group Holdings Ltd (ASX: LGL) Share Price and News

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Lynch Group Holdings Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $213.62 million
P/E Ratio 16.71
Dividend Yield 7.21%
Shares Outstanding 122.07 million
Earnings per share -0.154
Dividend per share 0.12
Year To Date Return -11.43%
Earnings Yield 5.99%
Franking 100%
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as at 24 Feb 3:44pm

  • Lynch Group Holdings Ltd (ASX: LGL)
    Latest News

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    worker holding flowers and potted green plants at a plant nursery
    Consumer Staples & Discretionary Shares

    Why the Lynch Group (ASX:LGL) share price is climbing today

    The floral company's shares received a welcomed boost today.

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    Nurturing hands carefully cup a tree, indicating a share price in an ASX forestry company
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    Lynch Group (ASX:LGL) share price falls after completing $206 million IPO

    The Lynch Group Holdings Limited (ASX:LGL) share price is struggling following the completion of its $206 million IPO this morning...

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    Frequently Asked Questions

    Yes, Lynch Group has historically paid one or two fully franked shareholder dividends a year.

    Lynch Group Holdings Ltd listed on the ASX on 6 April 2021.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    03 Sep 2024 $0.0800 100.00% Final 18 Sep 2024
    05 Mar 2024 $0.0400 100.00% Interim 20 Mar 2024
    05 Sep 2023 $0.0700 100.00% Final 20 Sep 2023
    06 Sep 2022 $0.0600 100.00% Final 21 Sep 2022
    08 Mar 2022 $0.0600 100.00% Interim 23 Mar 2022

    LGL 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 Lynch Group Holdings Ltd

    Lynch Group Holdings Ltd (ASX: LGL) is a vertically integrated wholesale floral business. The company's farms and warehouses cover the planting, growing, merchandising, and selling of flowers and potted plants to major supermarket chains and commercial outlets throughout Australia and China.

    The Group is organised into two operating segments. Its Australian segment operates a vertically integrated production farm and wholesale operation for the Australian market. The China segment oversees a production and distribution operation, primarily supplying the domestic Chinese market as well as the Australian segment.

    Lynch Group is a third-generation family business that has been selling supermarket flowers and plants since 1979. 

    LGL Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    21 Nov 2024 $1.75 $0.05 2.94% 5,701 $1.76 $1.76 $1.75
    20 Nov 2024 $1.70 $-0.15 -8.11% 1,022 $1.71 $1.73 $1.70
    19 Nov 2024 $1.85 $0.12 6.94% 6,246 $1.85 $1.87 $1.85
    18 Nov 2024 $1.73 $-0.01 -0.58% 1,975 $1.75 $1.75 $1.73
    15 Nov 2024 $1.74 $-0.01 -0.57% 7 $1.77 $1.77 $1.74
    14 Nov 2024 $1.75 $-0.04 -2.23% 7 $1.75 $1.75 $1.75
    13 Nov 2024 $1.80 $-0.04 -2.19% 5 $1.82 $1.82 $1.80
    12 Nov 2024 $1.83 $0.00 0.00% 1 $1.83 $1.83 $1.83
    11 Nov 2024 $1.84 $-0.02 -1.08% 54 $1.84 $1.84 $1.84
    08 Nov 2024 $1.85 $0.00 0.00% 600 $1.85 $1.85 $1.85
    31 Oct 2024 $1.85 $0.05 2.78% 2,823 $1.80 $1.86 $1.80
    30 Oct 2024 $1.80 $0.01 0.56% 227 $1.80 $1.80 $1.80
    29 Oct 2024 $1.79 $-0.03 -1.64% 10,818 $1.78 $1.80 $1.77
    25 Oct 2024 $1.83 $0.04 2.24% 1,833 $1.84 $1.84 $1.82

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    19 Mar 2024 Peter Clare Buy 36,000 $48,264
    On-market trade.
    15 Dec 2023 Patrick Elliott Buy 135,770 $234,507
    On-market trade.
    08 Dec 2023 Patrick Elliott Buy 56,790 $100,538
    On-market trade.
    30 Nov 2023 Peter Clare Buy 13,500 $24,376
    On-market trade.
    24 Nov 2023 Hugh Toll Issued 772,649 $1,545,298
    Issue of options.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Patrick Francis Elliott Non-Executive ChairmanNon-Executive Director Oct 2015
    Mr Elliott is a Partner of Next Capital and cofounded the firm in 2005. In this capacity, Patrick sits on several Next Capital portfolio company boards. Patrick has previously served as Chair of the Australian Investment Council previously called Australian Venture Capital Association Limited (AVCAL). Prior to his role at Next Capital, Patrick was an Executive Director of Macquarie Bank having joined the private equity division in 1997. Before joining Macquarie, Patrick was a Partner with Australia's insolvency and restructuring specialist, Ferrier Hodgson.
    Mr Peter Graham Clare Non-Executive Director Feb 2021
    Mr Clare has a corporate career in banking and also has industry experience and has served on a variety of boards in the technology and finance industries in Australia and New Zealand. Peter is currently a Non-Executive Director of People First Bank, MoneyTech and SilverChef. Peter was formerly the CEO of Westpac New Zealand and, prior to that, held roles within Westpac, St. George and Commonwealth Banks. Peter's career began as an insolvency practitioner and included a number of years as a management consultant. Peter is Chair of the Risk Committee.
    Mr Hugh Edward Toll Chief Executive OfficerExecutive Director Feb 2021
    Mr Toll has an understanding of the operational, financial, and marketing functions of the Group and has overall responsibility for the Group's strategy. Prior to joining the Group, Hugh had a background in private equity investment, spanning 20 years, holding senior investment roles with Next Capital, Goldman Sach Principal Investment Area, and Macquarie Direct Investment. He worked on the Next Capital deal team that acquired a controlling stake in the Group in 2015.
    Ms Mary Elizabeth Hallett Non-Executive Director Feb 2021
    Ms Hallett brings legal and regulatory, corporate governance, and risk management skills to the Board. Elizabeth is currently Deputy Chair of the Civil Aviation Safety Authority, and a Non-Executive Director on the boards of Australian Retirement Trust, NSW Land Registry Services and Clayton Utz. She is also a current reappointed member of the Australian Takeovers Panel. Elizabeth was formerly a partner with an international law firm for 22 years, including more than three years as senior Australian partner in the firm's affiliated Jakarta office. At that firm, she held global and national leadership roles (including membership of the global firm's Group Executive Committee). Elizabeth is a Member of the Risk Committee.
    Mr Peter James Arkell Non-Executive Director Feb 2021
    Mr Arkell is currently the Managing Director of Carrington Day, a consulting company based in China which assists international companies to operate in China. He was previously Non-Executive Director of the Group's China operations between January 2018 and February 2022. Peter has been based in Shanghai since 2004. He is a member of the international business community in China, having been on the Board of Directors and Chair of AustCham Shanghai, the Australian Chamber of Commerce. He is the Chair of the Global Mining Association of China, the representative body of the international mining community in China. Peter is also a founder and Non-Executive Director of the GE Morrison Institute, a China Australia business focused think tank. He was appointed for 2019 - 2024 to the panel of mediators of the Shenzhen International Mediation and Arbitration Centre of China Mining. In addition, Peter was a Board Member of the China International Mining Cooperation Committee, a sounding board for the Chinese Ministry of Commerce on outbound investment. Peter has a network at the senior levels of international and Chinese business and government in China. Peter is a member of Risk Committee.
    Mr Steven Peter Wood Chief Financial OfficerCompany Secretary
    -
    David Di Pietro Chief Executive Officer Australia
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    Dirk Vlaar Chief Executive Officer China
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    Steven Peter Wood Chief Financial OfficerCompany Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Next Capital III GP Pty. Limited 16,536,479 13.55%
    Izzac Pty Ltd 16,380,000 13.42%
    Citicorp Nominees Pty Limited 15,654,920 12.82%
    Ubs Nominees Pty Ltd 12,329,254 10.10%
    HSBC Custody Nominees (Australia) Limited 10,449,650 8.56%
    BNP Paribas Noms Pty Ltd 9,424,795 7.72%
    AJ4 Limited 7,000,000 5.73%
    J P Morgan Nominees Australia Pty Limited 6,336,757 5.19%
    Van Den Berg Roses Asia B.V 6,252,112 5.12%
    Next Capital Services IIID Pty. Limited 4,699,841 3.85%
    Airfek Pty Ltd 1,820,000 1.49%
    National Nominees Limited 1,230,087 1.01%
    HSBC Custody Nominees (Australia) Limited i 1,049,409 0.86%
    Warbont Nominees Pty Limited 986,559 0.81%
    HSBC Custody Nominees (Australia) Limited A/C 2 958,998 0.79%
    HSBC Custody Nominees (Australia) Limited GSI EDA 947,222 0.78%
    Mr Hugh Edward Toll 639,999 0.52%
    Merrill Lynch (Australia) Nominees Pty Limited 559,630 0.46%
    HGL Investments Pty Ltd 403,445 0.33%
    Neweconomy Com Au Nominees Pty Limited 392,811 0.32%

    Profile

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