This week Stockland Retirement Pty. Ltd bought an additional 3.23 million shares in FKP, taking its shareholding from 5% to 6.15%, at a cost of approximately $3.3 million. Buying shares on the market at today's prices may reduce the number they have to buy at a higher price in six weeks time when their exclusive arrangement for assessing FKP is up.
Community Living
Ryman Healthcare CEO Richard Umbers quits
In February, the company cut its full year profit forecast to between NZ$265 million and NZ$285m on disappointing sales and margins