Tower Limited

NZSE:TWR Stock Report

Market Cap: NZ$497.1m

Tower Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NZSE:TWR Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
21 Oct 24BuyNZ$2,465,262Accident Compensation Corporation, Asset Management ArmCompany3,994,155NZ$0.62
21 Oct 24SellNZ$8,275,353New Zealand Funds Management Ltd.Company5,973,356NZ$1.39
21 Oct 24SellNZ$11,345,226Accident Compensation Corporation, Asset Management ArmCompany10,175,521NZ$1.11
21 Oct 24SellNZ$1,994,185Salt Funds Management LimitedCompany1,424,876NZ$1.40
21 Oct 24SellNZ$3,850,901Salt Investment Funds LimitedCompany2,751,528NZ$1.40
17 Sep 24BuyNZ$659,754Salt Investment Funds LimitedCompany593,180NZ$1.11
24 Jul 24BuyNZ$8,879,540Salt Investment Funds LimitedCompany14,085,782NZ$0.63
24 Jul 24SellNZ$10,883,469Salt Investment Funds LimitedCompany15,033,105NZ$0.72
24 Jul 24SellNZ$6,104,880Salt Investment Funds LimitedCompany5,131,821NZ$1.19
14 Dec 23BuyNZ$21,086Michael CutterIndividual34,726NZ$0.61

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TWR?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders1,120,6920.295%
Private Companies16,200,0004.27%
General Public154,520,06440.7%
Institutions207,643,23154.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 24 shareholders own 59.28% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
17.8%
Bain Capital Credit, LP
67,464,858NZ$88.4m0%6.85%
7.92%
Accident Compensation Corporation, Asset Management Arm
30,057,747NZ$39.4m-17.1%0.79%
5.82%
Pacific International Insurance Pty Ltd, Asset Management Arm
22,072,615NZ$28.9m0%no data
4.99%
New Zealand Funds Management Ltd.
18,947,838NZ$24.8m-28.8%96.59%
4.27%
Lennon Holdings Limited
16,200,000NZ$21.2m0%no data
3.54%
Masfen Securities Limited, Asset Management Arm
13,430,197NZ$17.6m0%no data
2.72%
Jmis Investment Management Limited
10,323,415NZ$13.5m0%97.94%
2.68%
Salt Investment Funds Limited
10,152,524NZ$13.3m-21.3%24.55%
2.22%
Bain Capital, LP
8,431,589NZ$11.0m0%0.08%
2%
Salt Funds Management Limited
7,587,644NZ$9.9m-15.8%10.09%
1.62%
Devon Funds Management Limited
6,139,439NZ$8.0m0%3.54%
1.26%
Dimensional Fund Advisors LP
4,765,258NZ$6.2m3.59%no data
1.18%
Aspiring Asset Management Limited
4,482,841NZ$5.9m0%1.25%
0.78%
Forsyth Barr Investment Management Limited
2,969,613NZ$3.9m0%0.21%
0.16%
Michael Stiassny
624,897NZ$818.6k0%no data
0.092%
AMP Capital Investors Limited
350,681NZ$459.4k0%1.26%
0.079%
FCA Corp
300,000NZ$393.0k0%0.06%
0.067%
Blair Turnbull
253,030NZ$331.5k0%no data
0.053%
Graham Stuart
202,500NZ$265.3k0%no data
0.036%
Macquarie Asset Management (NZ), LTD
137,140NZ$179.7k-96.3%0.06%
0.0092%
Michael Cutter
34,726NZ$45.5k0%no data
0.0078%
American Century Investment Management Inc
29,792NZ$39.0k0%no data
0.0014%
Geraldine McBride
5,477NZ$7.2k0%no data
0.00002%
Marcus Nagel
62NZ$99.40%no data