Meridian Energy Ownership

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

Recent Insider Transactions

NZSE:MEL Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
04 Sep 24	BuyNZ$12,974	Tania Joy Te Simpson	Individual		2,148	NZ$6.04
26 Mar 24	BuyNZ$450	Julia Hoare	Individual		78	NZ$5.77

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 MEL?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,639,243	0.0629%
Institutions	348,568,212	13.4%
General Public	934,465,836	35.9%
State or Government	1,321,595,587	50.7%

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

Top Shareholders

Top 25 shareholders own 62.03% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
50.7%	New Zealand	1,321,595,587	NZ$7.8b	0%	no data
1.91%	The Vanguard Group, Inc.	49,736,439	NZ$292.5m	0.33%	no data
1.8%	BlackRock, Inc.	46,900,567	NZ$275.8m	5.79%	no data
1.79%	Accident Compensation Corporation, Asset Management Arm	46,643,610	NZ$274.3m	0%	5.37%
0.83%	Norges Bank Investment Management	21,609,646	NZ$127.1m	0%	0.01%
0.68%	Alphinity Investment Management Pty Ltd.	17,843,344	NZ$104.9m	0%	0.32%
0.68%	Nordea Investment Management, AB	17,643,446	NZ$103.7m	0%	0.04%
0.54%	Smartshares Ltd.	14,166,722	NZ$83.3m	-4.93%	1.31%
0.38%	Geode Capital Management, LLC	9,878,045	NZ$58.1m	-0.02%	no data
0.38%	UBS Asset Management AG	9,869,862	NZ$58.0m	2.83%	no data
0.34%	Gravis Advisory Limited	8,932,000	NZ$52.5m	0%	2.38%
0.28%	Amundi Asset Management SAS	7,372,841	NZ$43.4m	2.98%	no data
0.17%	BNY Asset Management	4,533,306	NZ$26.7m	0%	no data
0.16%	Charles Schwab Investment Management, Inc.	4,201,159	NZ$24.7m	1.28%	no data
0.15%	Milford Asset Management, LTD	4,002,397	NZ$23.5m	4.28%	0.26%
0.15%	Macquarie Asset Management Public Investments (N.Z.) Limited	3,839,802	NZ$22.6m	166%	3.64%
0.14%	JP Morgan Asset Management	3,610,304	NZ$21.2m	0.29%	no data
0.14%	State Street Global Advisors, Inc.	3,555,780	NZ$20.9m	9.26%	no data
0.13%	KBC Asset Management NV	3,314,082	NZ$19.5m	0%	0.02%
0.12%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	3,063,225	NZ$18.0m	-22.8%	no data
0.12%	Andra AP-fonden	3,014,021	NZ$17.7m	0%	0.05%
0.11%	Nordea Funds AB	2,944,793	NZ$17.3m	1.71%	0.1%
0.11%	Northern Trust Global Investments	2,905,390	NZ$17.1m	0%	no data
0.11%	Dimensional Fund Advisors LP	2,769,715	NZ$16.3m	10.4%	no data
0.1%	Phoenix Unit Trust Managers Limited	2,598,765	NZ$15.3m	150%	0.03%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 10:38
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Meridian Energy Limited is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nevill Gluyas	Credit Suisse
Grant Swanepoel	Deutsche Bank
Bruce McKay	Edison Investment Research