BRIEF-Netwealth Group Says Total Value Of Compensation Payments Is Estimated To Be A$101 MLN

Reuters
Dec 18, 2025
BRIEF-Netwealth Group Says Total Value Of Compensation Payments Is Estimated To Be A$101 MLN

Dec 18 (Reuters) - Netwealth Group Ltd NWL.AX:

  • TOTAL VALUE OF COMPENSATION PAYMENTS IS ESTIMATED TO BE A$101 MILLION

  • EXPECTS TO BASE ITS FY26 DIVIDEND ON UNDERLYING EARNINGS (EXCLUDING THIS ONE-OFF COMPENSATION PAYMENT)

  • COMPENSATION WILL BE RECORDED AS EXTRAORDINARY EXPENSE IN 1H26 ACCOUNTS WITH NPAT IMPACT A$71 MILLION

  • FY26 COSTS ASSOCIATED WITH FIRST GUARDIAN AND RELATED ACTIVITIES NOT EXPECTED TO BE MATERIAL

Further company coverage: NWL.AX

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10