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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Last
$108.85
Change
-1.130(1.03%)
Mkt cap ! $8.835B
Open High Low Value Volume
$109.99 $110.15 $107.85 $25.07M 230.4K

Buyers (Bids)

No. Vol. Price($)
4 424 $108.24
 

Sellers (Offers)

Price($) Vol. No.
$108.85 218 2
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Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
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