News: HUB Hub24 Ltd Enters Deal To Acquire 100% Of Shares Of Myprosperity

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    May 3 (Reuters) - Hub24 Ltd (HUB) :

    • ENTERED INTO AGREEMENT FOR HUB24 TO ACQUIRE 100% OF ORDINARY SHARES OF MYPROSPERITY
    • MYPROSPERITY SHAREHOLDERS WILL RECEIVE TOTAL CONSIDERATION OF A$40 MILLION OF HUB24 LIMITED ORDINARY SHARES
    • INTENDED THAT MYPROSPERITY WILL OPERATE AS A SEPARATE BUSINESS UNIT WITHIN HUB24 GROUP
    • TRANSACTION IS EXPECTED TO BE UNDERLYING EBITDA POSITIVE IN FY25
    • MYPROSPERITY WILL BE INCORPORATED INTO PLATFORM SEGMENT WITHIN CO'S FINANCIAL REPORTING DISCLOSURES
    • TRANSACTION EXPECTED TO BE EPS NEUTRAL IN FY26 AND EPS ACCRETIVE IN FY27 (4 – 5%)
 
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(20min delay)
Last
$106.67
Change
-2.180(2.00%)
Mkt cap ! $8.658B
Open High Low Value Volume
$108.34 $108.48 $105.90 $27.43M 257.4K

Buyers (Bids)

No. Vol. Price($)
1 93 $106.39
 

Sellers (Offers)

Price($) Vol. No.
$106.67 100 1
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Last trade - 16.12pm 08/08/2025 (20 minute delay) ?
HUB (ASX) Chart
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