Lendlease Group (ASX: LLC) Share Price and News

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Lendlease Group Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $4.17 billion
P/E Ratio 333.33
Dividend Yield 2.47%
Shares Outstanding 690.05 million
Earnings per share -2.199
Dividend per share 0.16
Year To Date Return -10.98%
Earnings Yield 0.30%
Franking 33.2281808623
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  • Lendlease Group (ASX: LLC)
    Latest News

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    Real Estate Shares

    2 ASX 200 real estate shares making big news on Thursday

    These two ASX 200 property stocks are grabbing headlines today. But why?

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    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was a happy start to the trading week for investors this Monday.

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    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was a woeful Wednesday for ASX shares...

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    Share Market News

    Here's how the ASX 200 market sectors stacked up last week

    ASX real estate shares gained the most ground on the market last week.

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    Workers planning together in a design team.
    Share Market News

    Lendlease share price slips on latest step in $4.5 billion plan

    Lendlease continues to make progress on its asset sale plans.

    Read more »

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    Share Market News

    Here are the top 10 ASX 200 shares today

    The ASX 200 ended the week on a slightly sour note today.

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    Real Estate Shares

    Why are these two ASX real estate shares losing billions?

    These real estate stocks have taken a hit after deep losses in FY24.

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    Earnings Results

    Lendlease share price sees red as losses deepen in FY24

    Investors may have been expecting more from the company.

    Read more »

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    Share Gainers

    Here are the top 10 ASX 200 shares today

    ASX opened the trading week with a blaze of optimism today.

    Read more »

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    Share Market News

    Here's how the ASX 200 market sectors stacked up last week

    ASX real estate shares were strongest amid a volatile week during which the ASX 200 set a new record.

    Read more »

    A businesswoman holding a briefcase rests her head against the glass wall of a city building, she's not having a good day.
    Mergers & Acquisitions

    Lendlease shares crack as watchdog growls at $1.3 billion payday

    A lack of competition could prevent this real estate group from cashing in.

    Read more »

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    Broker Notes

    These 2 ASX 200 stocks just scored substantial broker upgrades

    Top brokers foresee some significant gains from these two ASX 200 stocks. But why?

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    Frequently Asked Questions

    Yes, Lendlease has historically paid two unfranked or partially franked shareholder dividends a year.

    Lendlease generally pays its shareholder dividends in March and September.

    Yes, eligible shareholders can reinvest their dividends to acquire more Lendlease securities through the company’s dividend reinvestment plan (DRP). 

    Lendlease Group listed on the ASX on 30 June 1962.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    23 Aug 2024 $0.0951 33.23% Final 18 Sep 2024
    23 Feb 2024 $0.0649 0.00% Interim 13 Mar 2024
    18 Aug 2023 $0.1110 41.98% Final 13 Sep 2023
    17 Feb 2023 $0.0490 0.00% Interim 08 Mar 2023
    26 Aug 2022 $0.1100 38.91% Final 21 Sep 2022
    25 Feb 2022 $0.0500 0.00% Interim 16 Mar 2022
    20 Aug 2021 $0.1200 0.00% Final 15 Sep 2021
    26 Feb 2021 $0.1500 37.20% Interim 17 Mar 2021
    21 Aug 2020 $0.0326 0.00% Final 15 Sep 2020
    27 Feb 2020 $0.3000 0.00% Interim 17 Mar 2020
    23 Aug 2019 $0.3000 0.00% Final 16 Sep 2019
    01 Mar 2019 $0.1200 0.00% Interim 20 Mar 2019
    28 Aug 2018 $0.3500 0.00% Final 21 Sep 2018
    27 Feb 2018 $0.3400 0.00% Interim 22 Mar 2018
    01 Sep 2017 $0.0000 0.00% Final 20 Sep 2017
    02 Mar 2017 $0.3300 0.00% Interim 24 Mar 2017
    24 Aug 2016 $0.3000 0.00% Final 14 Sep 2016
    23 Feb 2016 $0.3000 0.00% Interim 15 Mar 2016
    03 Mar 2014 $0.2200 0.00% Interim 21 Mar 2014
    05 Sep 2013 $0.2000 0.00% Final 27 Sep 2013
    04 Mar 2013 $0.2200 0.00% Interim 27 Mar 2013
    06 Sep 2012 $0.1540 0.00% Final 28 Sep 2012
    05 Mar 2012 $0.1120 0.00% Interim 30 Mar 2012
    12 Sep 2011 $0.1050 0.00% Final 30 Sep 2011
    04 Mar 2011 $0.1700 58.82% Interim 30 Mar 2011
    06 Sep 2010 $0.1200 100.00% Final 24 Sep 2010
    04 Mar 2010 $0.2000 100.00% Interim 31 Mar 2010

    LLC 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 Lendlease Group

    Lendlease Group (ASX: LLC) is an international property development and construction business operating across Australia, the Americas, the UK, Europe, and Asia.

    The business comprises three segments: development, investments, and construction. The company is in the transition phase from being a development-led to an investments-led business with capital being reweighted to its investments segment.

    This strategy stems from a period where the company's future pipeline was so large, it could not be funded from its own balance sheet. The group is selling stakes in its projects to its funds management clients as well as seeking joint venture partners. This move sacrifices development profit, in return for management fees, reduced risk, and capital to accelerate the company's development pipeline.

    Construction generates large revenues but slim margins. This business segment is currently being retained to preserve expertise and scale for Lendlease's development business. Lendlease sold its engineering and services business during the pandemic, but retains some risks, notably the Melbourne Metro project which has years to run. It has also divested its retirement living business.

    LLC Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    20 Dec 2024 $6.05 $-0.13 -2.10% 2,639,707 $6.15 $6.22 $6.03
    19 Dec 2024 $6.18 $-0.31 -4.78% 2,705,352 $6.25 $6.36 $6.12
    18 Dec 2024 $6.49 $0.01 0.15% 1,187,441 $6.54 $6.58 $6.49
    17 Dec 2024 $6.48 $0.05 0.78% 832,494 $6.39 $6.52 $6.36
    16 Dec 2024 $6.43 $-0.20 -3.02% 2,016,763 $6.64 $6.67 $6.41
    13 Dec 2024 $6.63 $-0.09 -1.34% 872,324 $6.69 $6.70 $6.60
    12 Dec 2024 $6.72 $-0.07 -1.03% 609,489 $6.85 $6.87 $6.69
    11 Dec 2024 $6.79 $-0.03 -0.44% 662,475 $6.79 $6.82 $6.73
    10 Dec 2024 $6.82 $-0.05 -0.73% 816,619 $6.86 $6.89 $6.75
    09 Dec 2024 $6.87 $-0.15 -2.14% 1,234,955 $6.95 $6.99 $6.83
    06 Dec 2024 $7.02 $-0.02 -0.28% 1,208,697 $6.98 $7.10 $6.95
    05 Dec 2024 $7.04 $-0.16 -2.22% 970,405 $7.16 $7.22 $7.01
    04 Dec 2024 $7.20 $-0.16 -2.17% 1,482,694 $7.23 $7.31 $7.17
    03 Dec 2024 $7.36 $0.19 2.65% 1,644,326 $7.25 $7.40 $7.22
    02 Dec 2024 $7.17 $0.01 0.14% 819,809 $7.23 $7.25 $7.15
    29 Nov 2024 $7.16 $0.07 0.99% 1,466,466 $7.05 $7.16 $6.98
    28 Nov 2024 $7.09 $-0.02 -0.28% 750,085 $7.14 $7.19 $7.05
    27 Nov 2024 $7.11 $0.27 3.95% 1,650,260 $6.88 $7.11 $6.87
    26 Nov 2024 $6.84 $0.08 1.18% 989,734 $6.84 $6.90 $6.80
    25 Nov 2024 $6.76 $0.11 1.65% 1,295,382 $6.65 $6.83 $6.65
    22 Nov 2024 $6.65 $0.06 0.91% 1,017,388 $6.65 $6.69 $6.56
    21 Nov 2024 $6.59 $-0.14 -2.08% 984,441 $6.71 $6.72 $6.58
    20 Nov 2024 $6.73 $-0.13 -1.90% 1,130,796 $6.82 $6.85 $6.73

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    13 Dec 2024 Anthony (Tony) Lombardo Issued 849,899 $5,634,830
    Issue of options.
    13 Dec 2024 Anthony (Tony) Lombardo Issued 522,184 $3,462,079
    Issue of securities. 1,252,454 Rights
    10 Dec 2024 Robert (Bob) Welanetz Buy 10,638 $49,466
    On-market trade. USD$
    09 Dec 2024 Ann Chan Buy 1,000 $6,960
    On-market trade.
    09 Dec 2024 Ann Chan Buy 500 $3,475
    On-market trade.
    29 Nov 2024 Ann Chan Buy 1,000 $7,050
    On-market trade.
    28 Nov 2024 Ann Chan Buy 1,500 $10,657
    On-market trade.
    19 Nov 2024 Elizabeth Proust Buy 20,000 $137,902
    On-market trade.
    18 Nov 2024 John Gillam Buy 130,500 $897,840
    On-market trade.
    02 Sep 2024 Anthony (Tony) Lombardo Issued 53,379 $358,173
    Conversion of securities.
    02 Sep 2024 Anthony (Tony) Lombardo Expiry 55,273 $370,881
    Conversion of securities. 730,270 Rights
    02 Sep 2024 Anthony (Tony) Lombardo Sell 1,894 $12,708
    As advised by the company. sold to cover tax obligations, 730,270 Rights
    02 Sep 2024 Anthony (Tony) Lombardo Issued 1,403 $9,414
    As advised by the company. delivered from a distribution adjustment
    grant
    02 Sep 2024 Anthony (Tony) Lombardo Exercise 53,379 $358,173
    Conversion of securities. 732,164 Rights
    02 Sep 2024 Anthony (Tony) Lombardo Issued 53,379 $358,173
    Conversion of securities.
    11 Jun 2024 Elizabeth Proust Buy 20,000 $113,500
    On-market trade.
    03 Jun 2024 David Craig Buy 30,000 $178,050
    On-market trade.
    30 May 2024 Anthony (Tony) Lombardo Buy 15,000 $90,294
    On-market trade.
    26 Feb 2024 Elizabeth Proust Buy 10,000 $60,948
    On-market trade.
    22 Feb 2024 Michael Ullmer Buy 25,000 $152,600
    On-market trade.
    20 Feb 2024 Nicholas Collishaw Buy 20,000 $124,800
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr John Charles Gillam Non-Executive DirectorNon-Executive Chairman Oct 2024
    Mr Gillam is a chairman who brings strategic and commercial acumen and a record of operational delivery and execution in both executive and non-executive roles working for some of Australias companies. Mr Gillam is an executive and non-executive director with commercial and leadership experience. He is a former Chair of CSR Limited, which followed a successful 20-year executive career with Wesfarmers. He is currently Chair of Nufarm Limited, the VetPartners Group and BlueFit Pty Limited, and he also serves as a Director of the Clontarf Foundation.
    Ms Elizabeth Mary Proust Non-Executive Director Feb 2018
    Ms Proust is one of Australia's business figures and has had a career holding leadership roles in the public and private sectors for over 30 years. Ms Proust spent eight years at ANZ Group including four years as Managing Director of Esanda, Managing Director of Metrobanking and Group General Manager, Human Resources, Corporate Affairs and Management Services. Before joining ANZ, Ms Proust was Secretary (CEO) of the Department of Premier and Cabinet (Victoria) and Chief Executive of the City of Melbourne. Ms Proust has board experience in listed and private companies, subsidiaries and joint ventures, as well as government and not for profits. She was made an Officer of the Order of Australia in 2010 for distinguished service to public administration and to business, through leadership roles in government and private enterprise, as a mentor to women, and to the community through contributions to arts, charitable and educational bodies. Listed Company Directorships (held within the last three years) include Lead Independent Director GQG Partners (appointed October 2021). Other Current Appointments - Chair of Cuscal Limited; Member of the Fujitsu Advisory Board. She is Chair of the People and Culture Committee and Member of the Risk Committee and Sustainability Committee.
    Mr Nicholas Roland Collishaw Non-Executive Director Dec 2021
    Mr Collishaw is an experienced property executive and non-executive director with more than 40 years of expertise gained across Lendlease's core segments of Development, Construction and Investments. During his career he has overseen the development and delivery of a number of projects across the commercial, industrial and retail sectors. Mr Collishaw currently serves as the joint Chief Executive Officer of Lincoln Place Pty Ltd, a boutique funds management entity focussed on affordable retirement accommodation, and is Chairman of hospitality group, Redcape Hotel Group. Mr Collishaw's executive career comprised a number of roles including Centuria Capital's Chief Executive Officer of Listed Property. Prior to this role, Mr Collishaw spent eight years at Mirvac Group serving as the Chief Executive Officer and Managing Director between 2008 and 2012. He also held positions at James Fielding Group where he was Executive Director and Head of Property, Deutsche Industrial Trust and Paladin Commercial Trust. He is Chair of the Risk Committee and Member of the People and Culture Committee.
    Mr Philip Mathew Coffey Non-Executive Director Jan 2017
    Mr Coffey served as the Deputy Chief Executive Officer (CEO) of Westpac Banking Corporation from April 2014 until his retirement in May 2017. As the Deputy CEO, Mr Coffey had the responsibility of overseeing and supporting relationships with key stakeholders of Westpac including industry groups, regulators, customers and government. He was also responsible for the Group's Mergers & Acquisitions function. Prior to this role, Mr Coffey held a number of executive positions at Westpac including Chief Financial Officer and Group Executive, Westpac Institutional Bank. He has led operations based in Australia, New Zealand, the United States, the United Kingdom and Asia and has experience in financial markets, funds management, balance sheet management and risk management. He began his career at the Reserve Bank of Australia and has also held executive positions at Citibank. Listed Company Directorships (held within the last three years) - Non-Executive Director of Macquarie Group Limited (appointed August 2018). Other Current Appointments include Director of Goodstart Early Learning. He is Member of the Risk Committee Member of the Sustainability Committee.
    Mr David Paul Craig Non-Executive Director Mar 2016
    Mr Craig is a business leader with international career spanning over 40 years in finance, accounting, audit, risk management, strategy and mergers and acquisitions in the banking, property and professional services industries. He was the Chief Financial Officer (CFO) of Commonwealth Bank of Australia from 2006 through the GFC, until he retired in June 2017. At Commonwealth Bank, he was responsible for leading the finance, treasury, property, security, audit and investor relations teams. Mr Craig's previous leadership roles have included CFO for Australand Property Group, Global CFO for PwC Consulting and a Partner at PwC (17 years). As well as his role as CFO of Australand Property Group (now Frasers), Mr Craig was responsible for Property for the last 22 years of his executive career, including overseeing three property transformations at CBA. Other Current Appointments are Deputy Chairman of the Victor Chang Cardiac Research Institute; Deputy Chair of Sydney Theatre Company Board Committee. He is Member of the People and Culture Committee and Member of the Risk Committe.
    Mr Anthony (Tony) Peter Lombardo Chief Executive OfficerManaging Director Jun 2021
    Mr Lombardo has more than 25 years of experience working across real estate development, investment management, finance, mergers and acquisitions (M&A) and strategy in Australia and internationally. He also implemented a range of people focussed initiatives including creation of the Young Indigenous Pathways program, which provides mentoring opportunities for young Indigenous students. In 2016, Tony was appointed Chief Executive Officer Asia based in Singapore. As part of resetting Lendlease Asia's growth strategy, Tony spearheaded a number of major initiatives to drive future growth. Recent successes include the completion of Singapore's S$3.7 billion Paya Lebar Quarter mixed use development, establishment of a US$1 billion data centres joint venture with institutional investor and the listing of S$1 billion global LREIT on the Singapore Exchange. Prior to joining Lendlease, Tony spent almost 10 years at GE with responsibilities across a number of functional disciplines including strategy, M&A and finance for both GE Capital and GE Corporate. Tony commenced his career at KPMG where he worked for more than four years.
    Mr Robert (Bob) Welanetz Non-Executive Director Mar 2020
    Mr Welanetz is based in the US and has executive, advisory, strategic and operational experience in the property and construction sectors gained over an international career spanning over 40 years. In his most recent role, Mr Welanetz served as Chief Executive Officer in the property division of Majid Al Futtaim (MAF), based in Dubai, where he had overall responsibility for managing MAF's property portfolio and development pipeline. Mr Welanetz retired from that position in 2018. Prior to joining MAF, Mr Welanetz spent over seven years in a global role in Blackstone's Real Estate Group advising and identifying acquisition opportunities in retail real estate and providing strategic guidance for Blackstone's portfolio of retail assets and retail operating companies. Mr Welanetz also served as Chief Executive Officer of Shanghai Kinghill Ltd, based in China, with responsibility for the operations and delivery of retail and development projects in mainland China. Prior to this, Mr Welanetz was President and Chief Executive Officer, Retail, at Jones Lang LaSalle Inc Americas. He is a former Chairman of the International Council of Shopping Centres and served on the board of the Galileo Property Trust, an Australian shopping centre investor. Other Current Appointments include Non-Executive Director of Qiddiya Coast Saudi Arabia; Non-Executive Director of Stone Mountain Industrial Property Company, USA. He is Member of the Risk Committee and People & Culture Committee and Member of the Sustainability Committee.
    Ms Ann Soo(Margaret) Chan Non-Executive Director Dec 2022
    Ms Lui is currently the Chief Executive Officer and Executive Director of Azalea Asset Management, which she helped to found in 2015. At Azalea, Ms Lui leads an experienced team of investment managers, overseeing a portfolio valued at US$10 billion. Ms Lui was previously a member of the investment team at Temasek Holdings and involved in direct investments across a variety of sectors including transportation, industrial, real estate investments, and redevelopment projects in Asia. She has a record in restructuring, transforming and creating new Temasek businesses and led the startup of business joint ventures including Tiger Airways and Jetstar Asia, and the creation of Cityspring Infrastructure, the first infrastructure business trust listed on the Singapore Exchange. As a senior executive at Temasek, she was a director of subsidiaries and JV entities and listed companies including Sembcorp Industries, a leading energy and urban development company. Other Current Appointments include Member of the Singapore Exchange's Listing Advisory Committee. She is Member of the People & Culture Committee; Risk Committee and Sustainability Committee.
    Ms Barbara Antonia Knoflach Non-Executive Director Oct 2023
    Ms Knoflach has real estate, asset management, investment management, strategy and finance experience gained over an international career spanning 35 years. Ms Knoflach was Deputy Chief Executive and Global Head of Investment Management of BNP Paribas Real Estate between 2015 to 2019. Prior to that, she held the role of CEO SEB Asset Management and Managing Director of SEB Investment, one of the Nordic region's leading asset management companies. Ms Knoflach is a founder of LifeWorkSpace, a company focussed on strategies in the real estate industry. Ms Knoflach is a Fellow of the Royal Institution of Chartered Surveyors and serves in associations and organisations in the real estate industry. She is Chair of CTP NV which owns, develops, manages and leases logistics and industrial real estate properties throughout Europe, is a member of the Board of Directors of Swiss Prime Site, one of the real estate companies in Europe, and is a trustee member of ULI (Urban Land Institute). Listed Company Directorships (held within the last three years) include Chair of CTP NV. Other Current Appointments include Deputy Chair of the Supervisory Board of Aareal Bank, AG; CEO of WorkLifeSpace; Director of Swiss Prime Site. She is Member of the Risk Committee.
    Ms Karen Pedersen Company SecretaryGeneral Counsel
    -
    Claire Johnston CEO Americas
    -
    Justin Gabbani CEO Asia
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    Dale Connor CEO Australia
    -
    Andrea Ruckstuhl CEO Europe
    -
    Karen Pedersen Company SecretaryGeneral Counsel
    -
    Simon Dixon Group CFO
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    Frank Krile Group CRO
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited i 206,928,838 30.00%
    Citicorp Nominees Pty Limited 106,930,589 15.50%
    J P Morgan Nominees Australia Pty Limited 96,947,236 14.05%
    Buttonwood Nominees Pty Ltd 27,997,992 4.06%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 17,930,739 2.60%
    Ll Employee Holdings Custodian Pty Limited <Castle Account A/C> 14,075,522 2.04%
    BNP Paribas Noms Pty Ltd 12,583,471 1.82%
    Home Consortium Limited 12,497,862 1.81%
    National Nominees Limited 8,943,998 1.30%
    Argo Investments Limited 6,980,092 1.01%
    Ll Employee Holdings Custodian Pty Limited <Esap Sti A/C> 6,013,668 0.87%
    BNP Paribas Nominees Pty Ltd <Hub24 Custodial Serv Ltd> 5,163,564 0.75%
    Netwealth Investments Limited <Wrap Services A/C> 3,458,376 0.50%
    HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 2,803,124 0.41%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 1,944,464 0.28%
    Solium Nominees (Australia) Pty Ltd <Vsa A/C> 1,638,992 0.24%
    BNP Paribas Noms (Nz) Ltd 1,585,250 0.23%
    Custodial Services Limited <Beneficiaries Holding A/C> 1,371,771 0.20%
    De Fazio Capital Pty Ltd 1,300,000 0.19%
    HSBC Custody Nominees (Australia) Limited ii 1,254,994 0.18%

    Profile

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