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Perpetual Limited

Portfolio management, financial planning, trustee, responsible entity and compliance services, executor services, investment administration and custody services.

PPT$20.120
 -1.790 -8.17%

Data last updated:Dec 10, 2024 – 11.21am. Data is 20 mins delayed.

Previous Close

21.910

Open

20.460

Day Range

19.785 - 20.470

52 Week Range

17.840 - 26.250

Volume

581,642

Value

11,748,028

Bid

20.100

Ask

20.140

Dividend Yield

5.40%

P/E Ratio

37.60

Market Cap

2.296B

Total Issue

114,510,066

ASX Announcements

Market Sensitive

Update on Scheme with KKR

Scheme of Arrangement

  • Dec 10, 2024
  • 3 pages

Ceasing to be a substantial holder

Ceasing to be a substantial holder

  • Dec 10, 2024
  • 2 pages

Becoming a substantial holder

Becoming a substantial holder

  • Dec 9, 2024
  • 3 pages

Ceasing to be a substantial holder for HSN

Ceasing to be a substantial holder

  • Dec 6, 2024
  • 5 pages

Notification regarding unquoted securities - PPT

Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

  • Dec 6, 2024
  • 6 pages

View all PPT announcements

Today

Perpetual Chairman Tony D’Aloisio with Perpetual CEO Bernard Reilly prior to the Perpetual AGM.

Perpetual’s ATO ruling expected imminently

Perpetual has been seeking relief from the ATO to allow it to reorganise the business.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

Yesterday

Emilio Gonzalez.

Ex-Pendal chief Emilio Gonzalez to join Brisbane fundie

Street Talk can reveal Gonzalez will join the board of Brisbane-based Australian equities boutique DNR Capital from February 1.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

This Month

Former Perpetual partner Daniel Elias.

Perpetual sues former wealth adviser who defected to Morgan Stanley

The wealth and funds management giant wants to stop Daniel Elias from contacting its clients, and says he is restrained from doing so until next year.

  • Max Mason
Perpetual Chairman Tony D’Aloisio with Perpetual CEO Bernard Reilly prior to the Perpetual AGM.

Nine private wealth advisers defect from Perpetual

Street Talk understands nine advisers resigned from the 138-year-old investment group on Friday.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

November

The activists are targeting News Corp’s dual-voting share structure, saying battle for succession among Rupert Murdoch’s children has left the media company at risk.

Why Perpetual wants to maintain Murdoch control at News Corp

News Corp shareholders have been asked to vote on whether the company’s dual-class share structure should be collapsed this week.

  • Anthony Macdonald
Advertisement
Chris Kourtis, of Ellerston Capital, says things will improve at embattled fund manager Perpetual.

Eleven stock tips from Sohn to get you through 2025

Presenting in Adelaide on Friday, top investors pitched their ideas for how to make big returns from the sharemarket over the next 12 months.

  • Joshua Peach, Jonathan Shapiro and Daniel Arbon

October

BHP and ANZ director Christine O’Reilly; Macquarie Group director Rebecca McGrath and AUB chair and CBA director Peter Harmer.

2024’s most powerful and influential directors revealed

As AGM season gathers pace, the BOSS index of the country’s most powerful and influential directors reveals a new cohort rising through the ranks.

  • Patrick Durkin
Perpetual’s outgoing chairman Tony D’Aloisio with the company’s new chief executive Bernard Reilly at its annual meeting in Sydney.

Perpetual board fails to show the slightest contrition for failures

There have been plenty of governance fails among ASX-listed companies. But the speed and scale of wealth destruction at Perpetual ranks it among the worst.

  • Jonathan Shapiro
Perpetual Chairman Tony D’Aloisio with Perpetual CEO Bernard Reilly.

Perpetual investors deliver massive rebuke, 88pc vote against pay plan

The investment management giant has been hit with big outflows, but had proposed paying huge bonuses to retain key staff.

  • Jonathan Shapiro
Perpetual chairman Tony D’Aloisio.

Perpetual dissident fails at AGM hurdle

There’s always one every year: an AGM that’s less about its resolutions than it is about the salvaging of grievances.

  • Myriam Robin
Bernard Reilly is in the hotseat at Perpetual.

New Perpetual CEO vows to take knife to costs

New boss Bernard Reilly agrees with shareholders who have recommended he cut costs as the firm prepares for life as a slimmed-down asset manager.

  • Jonathan Shapiro

September

Rob Adams.

Perpetual faces investor backlash over bonuses with ‘no justification’

Proxy advisory firm Institutional Shareholder Services, which had previously been supportive of the fund manager, is urging a vote against executive pay and board members.

  • Jonathan Shapiro
Star Entertainment boss Steve McCann had very little good news for investors in his one-hour presentation on Thursday, his first as CEO.

Star needs new friends to stop the bleeding

Where will Star Entertainment’s shares trade? Surely, it’s going to be ugly on Friday morning.

  • Anthony Macdonald
Perpetual chairman Tony D’Aloisio has called in Morrow Sodali to help prep for the October AGM.

Perpetual orders temperature checks on register ahead of AGM

Hiring firms of Morrow Sodali’s ilk ahead of a shareholder vote can either be stock standard procedure or a stress response from an under-pressure board.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Rob Ferguson, the former CEO of BT Australia.

Corporate Australia mourns former BT boss Rob Ferguson

His Bankers Trust colleague Chris Corrigan remembered him as “an individual thinker with an inquiring mind, who never lost his curiosity about how the world works”.

  • Updated
  • Joshua Peach
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August

Perpetual chief executive Rob Adams handed down his final result as the fund manager’s CEO.

Perpetual ready to sprinkle riches; red flags at Cettire

Wesfarmers and Qantas headlined the final Thursday of earnings season, but it was Perpetual and Cettire’s results that caught our eye.

  • James Thomson and Anthony Macdonald
Perpetual’s outgoing chief executive Rob Adams.

Where’s the premium? UBS’ Sujit Dey questions Perpetual’s KKR deal

The leftover funds management business is worth about $12.83 a share, going off eight times $183 million in after-tax profit on Dey’s count.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Perpetual chief executive Rob Adams will front investors on Thursday. He navigated the fund manager through several acquisitions, including Pendal.

Perpetual takes ‘embarrassing’ $547m write-down on Pendal funds

The firm, which is in the midst of selling a large part of itself to KKR, disclosed the write-down just four days before it delivers a full-year financial update.

  • Jonathan Shapiro
xx

Perpetual’s new CEO; Domino’s boss scrambles; Coffee boosts Breville

Read everything that’s happened in the news so far today.

Bernard Reilly is new chief executive of Perpetual.

New Perpetual CEO hired to take ‘legacy into the next phase’

The company has hired the former head of a $300 billion super fund giant, Bernard Reilly, to manage the break-up of the 138-year-old firm.

  • Jonathan Shapiro

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