Mercury - Latest News [Page 1]

Prue Flacks to succeed Joan Withers as Mercury Chair

Wednesday, 3 July 2019, 9:24 am | Mercury

3 July 2019 – Mercury’s Board has appointed Prue Flacks to succeed Joan Withers as Chair when Mrs Withers stands down at the energy company’s Annual Shareholders’ Meeting in September. More >>

Mercury Quarterly Operational Update

Thursday, 18 April 2019, 9:19 am | Mercury

Three months ended 31 March 2019 Sustained dry hydrological conditions and thermal generation constraints led to record spot prices 18 April 2019 – Record spot prices were observed over the quarter as the market responded to limited thermal fuel and ... More >>

Mercury announces share buyback programme

Wednesday, 2 May 2018, 10:14 am | Mercury

Mercury has today announced that it will begin an on-market share buyback programme to purchase up to 20 million ordinary shares for an aggregate purchase price of up to $50 million. More >>

Mercury’s focus on loyalty paying dividends

Tuesday, 22 August 2017, 2:32 pm | Mercury

Summary Operating earnings (EBITDAF) $523 million, up 6% Net profit after tax $184 million, up 15% Final ordinary dividend 8.8 cents per share fully imputed to be paid on 29 September 2017 Special dividend 5.0 cents per share fully imputed to be paid ... More >>

FY2017 EBITDAF guidance raised to $510 million

Thursday, 20 April 2017, 9:35 am | Mercury

20 April 2017 – Mercury announced today that it has raised its FY2017 EBITDAF guidance by $10 million to $510 million. This is due to a forecast 250 GWh increase in full year hydro generation to 4,500 GWh resulting from unseasonably strong inflows ... More >>

Mercury to showcase world-leading solar technologies

Monday, 3 October 2016, 9:49 am | Mercury

Mercury today announced the start of construction of a Research and Development Centre in Auckland to showcase world-leading solar, battery storage and other energy technologies that have the potential to unlock new value and choice for Kiwi consumers and businesses. More >>

Mike Allen to step down from Mercury Board

Monday, 29 August 2016, 10:38 am | Mercury

Mike Allen to step down from Mercury Board 26 August 2016 – Mercury director Mike Allen has advised that he will step down from the company’s Board on 3 November 2016, after seven years’ service. More >>

Mercury EBITDAF up 2.3% to $493m on renewables advantage

Tuesday, 23 August 2016, 11:55 am | Mercury

Mercury has reported a 2.3% lift in operating earnings (EBITDAF) to $493 million for FY2016, the first financial results reported under the company’s new brand. More >>

Mercury inspired by new energy future

Friday, 29 July 2016, 10:35 am | Mercury

Mercury’s chief executive Fraser Whineray says the change signals a new era of benefits for Kiwi consumers and the country from renewable energy and rapid advances in technology. More >>

 

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