Market Alert: Strong Nuclear Tensions in South Asia Assessing the Fallout on Global Equity Markets
The a2 Milk Company Limited (ASX: A2M) has introduced its first dividend policy, committing to distribute 60%–80% of net profit after tax. CEO David Bortolussi emphasized that the timing aligns with the company's robust financial health. At the time of writing, shares on the NZX surged 22.5% to $6.53, marking a 42% rise this year. The dual-listed milk marketer attributes the growth to rising milk prices, driven by reduced Chinese inventory and strong performance at the Global Dairy Trade auctions. Investors responded positively to the announcement, reflecting confidence in the company's ability to sustain returns.
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