Tower Ltd (ASX: TWR) Share Price and News
Price
$1.28
Movement
0.025 (+1.99%)
as at 9 May - Closed (20 mins delayed)
52 Week Range
$0.6775 - $1.38
1 Year Return
+75.34%
Tower Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.Share Price
$1.28
Day Change
0.025 (+1.99%)
52 Week Range
$0.6775 - $1.38
Yesterday's Close
$1.255
Today's Open
$1.255
Days Range
$1.255 - $1.29
Volume
3,318
Avg. Volume (1 month)
19,965
Turnover
$4,231
as at 9 May - Closed
Should you invest $1,000 in Steadfast Group Limited right now?
Before you buy Steadfast Group Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys...
See The 5 Stocks *Returns as of 30 April 2025
Tower Ltd (ASX: TWR)
Latest News

Share Fallers
Why HMC Capital, Pilbara Minerals, Strickland Metals, and Tower shares are falling today

Share Gainers
Why Arizona Lithium, Bapcor, Race Oncology, and Tower shares are pushing higher

Opinions
1 ASX stock to consider buying that could be the next Brickworks

Dividend Investing
3 ASX shares going ex-dividend next week

Share Market News
Why the Tower (ASX:TWR) share price is up 4% today
Share Market News
ALL ORDINARIES finishes higher Friday: 8 ASX shares you missed
Share Market News
ALL ORDINARIES finishes lower Tuesday: 8 ASX shares you missed
Share Fallers
Why Cann, Novonix, Paradigm, & Tower shares are sinking lower
Investing
4 shares you need to watch on Tuesday
Investing
Why Tower Insurance Limited needs to raise capital
Investing
Why these 4 ASX shares have sunk lower today
Investing
Why the Tower Limited (Australia) share price was crushed today
Dividend Payment History Data provided by Morningstar.
Ex-Date | Amount | Franking | Type | Payable |
---|---|---|---|---|
15 Jan 2025 | $0.0496 | 0.00% | Final | 30 Jan 2025 |
12 Jun 2024 | $0.0233 | 0.00% | Interim | 27 Jun 2024 |
17 Jan 2023 | $0.0311 | 0.00% | Final | 01 Feb 2023 |
15 Jun 2022 | $0.0192 | 0.00% | Interim | 30 Jun 2022 |
18 Jan 2022 | $0.0198 | 0.00% | Final | 02 Feb 2022 |
29 Jun 2021 | $0.0197 | 0.00% | Interim | 14 Jul 2021 |
09 Jun 2016 | $0.0680 | 0.00% | Interim | 30 Jun 2016 |
18 Jan 2016 | $0.0595 | 0.00% | Final | 03 Feb 2016 |
10 Jun 2015 | $0.0646 | 0.00% | Interim | 30 Jun 2015 |
20 Jan 2015 | $0.0623 | 0.00% | Final | 03 Feb 2015 |
11 Jun 2014 | $0.0503 | 0.00% | Interim | 30 Jun 2014 |
20 Jan 2014 | $0.0473 | 0.00% | Final | 03 Feb 2014 |
12 Jun 2013 | $0.0355 | 0.00% | Interim | 01 Jul 2013 |
16 Jan 2013 | $0.0406 | 0.00% | Final | 01 Feb 2013 |
13 Jun 2012 | $0.0332 | 0.00% | Interim | 02 Jul 2012 |
18 Jan 2012 | $0.0154 | 0.00% | Final | 01 Feb 2012 |
15 Jun 2011 | $0.0307 | 0.00% | Interim | 04 Jul 2011 |
12 Jan 2011 | $0.0463 | 0.00% | Final | 25 Jan 2011 |
21 Jun 2010 | $0.0000 | 0.00% | Interim | 02 Jul 2010 |
18 Jan 2010 | $0.0496 | 0.00% | Final | 02 Feb 2010 |
26 Jan 2009 | $0.0000 | 0.00% | Final | 09 Feb 2009 |
28 Jan 2008 | $0.0448 | 0.00% | Final | 05 Feb 2008 |
TWR 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.
Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
---|---|---|---|---|---|
28th Apr 2025 2025-04-28T07:30:44 | AM Best affirms Tower Ltd's A-(Excellent) FSR | YesNo | 7:30am | 1 | 66k |
22nd Apr 2025 2025-04-22T07:30:19 | Tower Updates FY25 Guidance | YesNo | 7:30am | 2 | 57k |
17th Apr 2025 2025-04-17T07:30:28 | Capital Return - ATO Class Ruling Obtained | YesNo | 7:30am | 2 | 181k |
7th Apr 2025 2025-04-07T14:58:16 | Tower Half year 2025 Results Date | YesNo | 2:58pm | 1 | 119k |
3rd Apr 2025 2025-04-03T08:43:03 | Disclosure of ceasing to have substantial holding | YesNo | 8:43am | 2 | 83k |
3rd Apr 2025 2025-04-03T07:31:22 | Becoming a substantial holder | YesNo | 7:31am | 3 | 76k |
2nd Apr 2025 2025-04-02T13:38:02 | Change in substantial holding | YesNo | 1:38pm | 2 | 79k |
1st Apr 2025 2025-04-01T10:20:30 | Ongoing Disclosures - various | YesNo | 10:20am | 21 | 188k |
1st Apr 2025 2025-04-01T09:20:20 | SPH Notice - Change in nature of relevant interest | YesNo | 9:20am | 16 | 493k |
1st Apr 2025 2025-04-01T09:19:50 | Bain Capital sell-down allocated | YesNo | 9:19am | 1 | 48k |
About Tower Ltd
Tower Ltd is a general insurance company. The company provides insurance services namely car, house, contents, travel, business, boat insurance, and among others. The company has two geographical segments, New Zealand General Insurance, and Pacific Islands General Insurance. The company derives the majority of its revenue from the New Zealand segment.
TWR Share Price History Data provided by Morningstar.
Date | Close | Change | % Change | Volume | Open | High | Low |
---|---|---|---|---|---|---|---|
09 May 2025 | $1.28 | $0.03 | 2.39% | 3,318 | $1.26 | $1.29 | $1.26 |
08 May 2025 | $1.26 | $0.00 | 0.00% | 12,979 | $1.26 | $1.28 | $1.26 |
07 May 2025 | $1.26 | $0.00 | 0.00% | 6,890 | $1.25 | $1.28 | $1.25 |
06 May 2025 | $1.25 | $0.00 | 0.00% | 11,063 | $1.26 | $1.27 | $1.25 |
05 May 2025 | $1.25 | $0.00 | 0.00% | 30,544 | $1.25 | $1.28 | $1.25 |
02 May 2025 | $1.25 | $0.01 | 0.81% | 10,023 | $1.23 | $1.25 | $1.23 |
01 May 2025 | $1.24 | $-0.02 | -1.59% | 76,257 | $1.26 | $1.26 | $1.20 |
30 Apr 2025 | $1.26 | $0.02 | 1.61% | 8,857 | $1.24 | $1.26 | $1.23 |
29 Apr 2025 | $1.24 | $0.02 | 1.64% | 21,963 | $1.23 | $1.25 | $1.23 |
28 Apr 2025 | $1.22 | $-0.04 | -3.17% | 26,597 | $1.26 | $1.27 | $1.21 |
24 Apr 2025 | $1.26 | $-0.05 | -3.80% | 5,509 | $1.32 | $1.32 | $1.25 |
23 Apr 2025 | $1.32 | $0.02 | 1.55% | 10,006 | $1.29 | $1.32 | $1.27 |
22 Apr 2025 | $1.29 | $0.01 | 0.78% | 20,954 | $1.32 | $1.32 | $1.29 |
17 Apr 2025 | $1.29 | $-0.02 | -1.54% | 15,282 | $1.26 | $1.30 | $1.26 |
16 Apr 2025 | $1.30 | $0.00 | 0.00% | 27,252 | $1.30 | $1.30 | $1.28 |
15 Apr 2025 | $1.30 | $0.02 | 1.56% | 8,284 | $1.28 | $1.30 | $1.28 |
14 Apr 2025 | $1.28 | $0.01 | 0.78% | 38,485 | $1.28 | $1.29 | $1.27 |
11 Apr 2025 | $1.28 | $0.02 | 1.59% | 24,448 | $1.26 | $1.30 | $1.26 |
Directors & Management Data provided by Morningstar.
Name | Title | Start Date | Profile |
---|---|---|---|
Mr Michael Peter Stiassny | Non-Executive DirectorNon-Executive Chairman | Oct 2012 |
Mr Stiassny is past President of the Institute of Directors. Michael has had a governance career and is currently Chairman of 2 Cheap Cars Group Limited, and director of Momentum Life Insurance Limited, Tegel Group Holdings Limited, and New Talisman Gold Mines Limited. With interest in fostering successful next generation New Zealand businesses, Michael also dedicates time to start ups and championing entrepreneurship through his involvement in Founders Advisory. Michael resides in Auckland - New Zealand. He is member of risk committee and chair of People and Appointment Committee.
|
Mr Graham Robert Stuart | Non-Executive Director | May 2012 |
Mr Stuart is an experienced Director, with over 30 years of experience in governance roles in New Zealand and internationally. He is currently the Chair of NorthWest Healthcare Property Management Limited and Comhla Vet Limited and a Director of VinPro Limited. Previous executive roles include Sealord Group CEO, Fonterra Co-operative Group CFO and Director of Strategy and, Lion Nathan International Managing Director. He has served on Government bodies including the Food & Beverage Taskforce, Maori Economic Development Panel and as Chair of the Lincoln Hub Establishment Board. He is member of risk committee and People and Appointment Committee.
|
Ms Geraldine Celia McBride | Non-Executive Director | Oct 2022 |
Ms McBride has governance and technology industry experience, having performed Board and senior leadership roles in New Zealand and internationally, with Sky Network Television Limited, SAP, Dell, IBM, National Australia Bank and Fisher & Paykel Healthcare. She is the founder and CEO of MyWave. She resides in Christchurch - New Zealand. She is chair of risk committee and People and Appointment Committee.
|
Mr Marcus Nagel | Non-Executive Director | Jan 2019 |
Mr Nagel has insurance industry experience. He has performed senior leadership roles for Zurich in Europe and globally. In his last role at Zurich, he served as the Chief Executive Officer of Zurich Germany managing both life insurance and general insurance businesses. Marcus was nominated by Bain Capital Credit LP (Bain Capital) to represent Bain Capital's stake in Tower (Bain Capital hold 20.00% of Tower's ordinary shares) and his appointment was supported by the Tower Board. Marcus resides in Schindellegi - Switzerland. He is member of risk committee and People and Appointment Committee.
|
Mr Michael(Mike) John Cutter | Non-Executive Director | Nov 2023 |
Mr Cutter has experience in a range of financial services businesses in Australia, New Zealand, Asia and Europe. He is the Chair of Arteva Funding and Fairway Group Limited, and a Non-Executive Director of Pepper Money. He is the co-founder of Kadre, a credit risk management consultancy. Mike has recently served as interim Managing Director for Bambora Aus and was previously the Group Managing Director for Equifax ANZ. Before this he held senior roles with GE, ANZ, Wesfarmers/OAMPS Insurance Brokers, Halifax/BankOne and NAB. He has served on the Boards of the Women's Cancer Foundation, Ovarian Cancer Institute, the Australian Finance Congress, the National Insurance Brokers Association and the Australian Retail Credit Association. Mike resides in Melbourne - Australia. He is member of risk committee and People and Appointment Committee.
|
Mr Paul Johnstone | Interim CEO | Feb 2025 |
-
|
Ms Hannah Snelling | Company Secretary | Sep 2019 |
-
|
Ms Rachael Watene | Company Secretary | Sep 2020 |
-
|
Andrew Hambleton | Chief Administrative Officer |
-
|
|
Steven Wilson | Chief Claims Officer |
-
|
|
Anna Kooperberg | Chief Customer Experience Officer |
-
|
|
Paul Johnston | Chief Financial Office |
-
|
|
Michelle Finch | Chief Revenue Marketing and Brand Officer |
-
|
|
Sharyn Reichstein | Chief Risk Officer |
-
|
|
Ronald Mudaliar | Chief Underwriting Officer |
-
|
|
Johannah Benton | Co Chief Data Digital Officer (Acting) |
-
|
|
Liz Cawson | Co Chief Data Digital Officer (Acting) |
-
|
|
Hannah Snelling | Company Secretary |
-
|
|
Rachael Watene | Company Secretary |
-
|
|
Paul Johnstone | Interim CEO |
-
|
Top Shareholders Data provided by Morningstar.
Name | Shares | Capital |
---|---|---|
Dent Issuer Designated Activity Company | 75,896,447 | 20.00% |
Citibank Nominees (New Zealand) Limited NZCSD <CNOM90> | 47,507,398 | 12.52% |
Accident Compensation Corporation NZCSD <ACCI40> | 34,040,321 | 8.97% |
Pacific International Insurance Pty Limited | 22,072,615 | 5.82% |
Lennon Holdings Limited | 16,200,000 | 4.27% |
Masfen Securities Limited | 13,430,197 | 3.54% |
HSBC Nominees (New Zealand) Limited NZCSD <HKBN90> | 11,714,723 | 3.09% |
HSBC Custody Nominees (Australia) Limited | 9,430,160 | 2.48% |
Forsyth Barr Custodians Limited <1 Custody> | 8,857,241 | 2.33% |
MMC Queen Street Nominees Limited ACF Salt Long Short Fund NZCSD <Salt Long Short Fund> | 8,296,928 | 2.19% |
JBWere (NZ) Nominees Limited <NZ RESIDENT A/C> | 7,921,421 | 2.09% |
MMC Queen Street Nominees Ltd ACF Salt Funds Management <Salt Funds Management> | 6,192,201 | 1.63% |
Investment Custodial Services Limited <A/C C> | 5,415,647 | 1.43% |
Public Trust NZCSD <THE ASPIRING FUND> | 4,725,000 | 1.25% |
JP Morgan Chase Bank NA NZ Branch-Segregated Clients ACCT NZCSD <CHAM24> | 3,778,374 | 1.00% |
Tea Custodians Limited Client Property Trust Account NZCSD <TEAC40> | 2,988,997 | 0.79% |
BNP Paribas Nominees (NZ) Limited NZCSD | 2,536,016 | 0.67% |
New Zealand Depository Nominee Limited <A/C 1 CASH ACCOUNT> | 2,185,275 | 0.58% |
Custodial Services Limited <A/C 4> | 1,623,315 | 0.43% |
JBWere (NZ) Nominees Limited <NR USA A/C> | 1,343,344 | 0.35% |