The a2 Milk Company Ltd (a2m) Logo

The a2 Milk Company Ltd (A2M)

___:___ · Consumer Defensive
ASX Delayed
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A2M ASX Chart

Snapshot

The A2 Milk Company Limited (A2M) is engaged in the sale of branded products in targeted markets made with milk from cows that produce milk naturally containing only the A2 protein type. The A2 Milk Company is a dairy nutritional's company, fuelled by its purpose to pioneer the future of dairy for good. The Company produces a portfolio of products made with milk from specially selected cows that naturally produce milk containing only the A2 beta casein protein type and no A1.

Share Price Activity (ASX)

Last (Price)
Change 0.00 (0.00)
Bid / Ask -
Volume
Volume (4w avg)
Turnover
Open
Day Range -
VWAP
Prev Close
Last Trade

Performance

1 Week
1 Month
2024 YTD
1 Year
vs Sector (1yr) +43.05%
vs ASX 200 (1yr) +27.85%

Size

Market Cap Question Mark Icon
Excludes mandatory escrowed shares and foreign shares.
ASX Rank 126 of 2,357
Sector Rank 5 of 99

Key Fundamentals

Shares Issued
Sector Consumer Defensive
Similar Companies GNC / BGA / CBO
EPS $0.231
DPS $0.00
Book Value Per Share $1.592

Broker Consensus

Breakdown 3 Buy · 3 Hold · 0 Sell
Recommendation Buy
Last Updated 30/11/24

Announcements

Price Sensitive only

Corporate Overview

Corporate Details

Head Office Auckland New Zealand 1010
Website www.thea2milkcompany.com
Registry Link Market Services
Auditor Ernst & Young
Date Listed 31 Mar 2015

Upcoming Calendar (Forecasted)

Date Event
17/02/2025 Report (Interim)
18/08/2025 Report (Prelim)
18/08/2025 Report (Annual)

Former Company Names

  • The a2 Milk Company Ltd has no former company names.

Dividend History

DPS and Yield calculations use the Pay Date.

Ex-Date Amount Franking Gross Type Payable
No dividends paid.

See Upcoming Dividends for all ASX companies.

Directors & Management

Directors

Management

Director Transactions

A2M directors must report any change in shareholding to the ASX within 5 business days.

See Director Transactions for all ASX companies.

Date Director Type Amount Price Value Notes
09/12/24 David Bortolussi Issued 538,336 $5.69 $3,063,131 Issue of securities
30/08/24 David Bortolussi Buy +490,906 $5.59 $2,744,164 Conversion of securities
30/08/24 David Bortolussi Exercise 490,906 $5.59 $2,744,164 Conversion of securities
15/12/23 David Bortolussi Issued 690,066 $4.05 $2,794,767 Issue of securities
30/08/23 David Bortolussi Buy +478,577 $4.70 $2,249,311 Conversion of securities
30/08/23 David Bortolussi Exercise 478,577 $4.70 $2,249,311 Conversion of securities
02/02/23 David Bortolussi Buy +155,641 $6.92 $1,077,035 Conversion of securities
02/02/23 David Bortolussi Exercise 155,641 $6.92 $1,077,035 Conversion of securities
29/11/22 Philippa (Pip) Greenwood Buy +30,000 $6.60 $197,905 On-market trade
30/09/22 David Bortolussi Issued 501,180 $5.40 $2,706,372 Issue of securities
21/02/22 David Bortolussi Buy +155,642 $5.89 $916,731 Conversion of securities
21/02/22 David Bortolussi Exercise 155,642 $5.89 $916,731 Conversion of securities
22/10/21 David Bortolussi Issued 969,483 $6.89 $6,679,737 Issue of securities
24/08/20 David Hearn Sell +250,000 $20.31 ($5,077,500) On-market trade
28/04/20 David Hearn Sell +1,614,143 $19.59 ($31,621,061) On-market trade
24/04/20 David Hearn Sell +280,857 $19.78 ($5,555,351) On-market trade
24/04/20 David Hearn Buy +3,100,000 $0.63 $1,953,000 Exercise of options
24/04/20 David Hearn Exercise 3,100,000 $0.63 $1,953,000 Exercise of options
25/11/19 David Hearn Sell +100,000 $14.83 ($1,483,010) On-market trade
25/11/19 Carla Hrdlicka Sell +146,684 $14.04 ($2,059,062) On-market trade
25/11/19 David Hearn Buy +100,000 $0.63 $63,000 Exercise of options
25/11/19 David Hearn Exercise 100,000 $0.63 $63,000 Exercise of options
19/11/19 Carla Hrdlicka Issued 164,312 $13.37 $2,196,851 Issue of securities
25/02/19 David Hearn Buy +100,000 $0.63 $63,000 Exercise of options
25/02/19 David Hearn Exercise 100,000 $0.63 $63,000 Exercise of options
25/02/19 David Hearn Sell +100,000 $14.55 ($1,454,658) On-market trade
21/02/19 Peter Hinton Sell +325,000 $14.00 ($4,550,000) Off-market trade
20/09/18 Carla Hrdlicka Sell +178,616 $11.29 ($2,016,646) On-market trade
18/09/18 Carla Hrdlicka Sell +178,616 $11.08 ($1,978,494) On-market trade
16/07/18 Geoffrey Babidge Transfer 2,500,000 $10.28 $25,700,000 Off-market transfer
09/03/18 Geoffrey Babidge Buy +2,000,000 $0.634 $1,267,200 Conversion of securities
26/02/18 Geoffrey Babidge Sell +200,000 $12.82 ($2,563,100) On-market trade
23/02/18 David Hearn Sell +200,000 $12.68 ($2,536,820) On-market trade
23/02/18 David Hearn Exercise 200,000 $0.63 $126,000 Exercise of options
23/02/18 David Hearn Buy +200,000 $0.63 $126,000 Exercise of options
23/02/18 Peter Hinton Sell +80,000 $12.96 ($1,036,693) On-market trade
22/02/18 Geoffrey Babidge Sell +1,000,000 $13.28 ($13,277,676) On-market trade
22/02/18 Geoffrey Babidge Buy +2,000,000 $12.10 $24,200,000 As advised by the company
24/08/17 Geoffrey Babidge Sell +1,000,000 $5.03 ($5,030,000) As advised by the company
24/08/17 Peter Hinton Sell +240,000 $5.40 ($1,296,000) Off-market trade
24/08/17 Peter Hinton Sell +35,000 $5.23 ($183,050) On-market trade
19/06/17 Jesse Wu Buy +27,000 $3.89 $105,041 On-market trade
10/05/17 Richard Grice Buy +15,000 $3.65 $54,750 On-market trade
08/05/17 Geoffrey Babidge Sell +600,000 $3.51 ($2,108,349) On-market trade
20/02/17 Geoffrey Babidge Sell +900,000 $2.49 ($2,242,060) On-market trade
17/02/17 David Hearn Buy +1,000,000 $0.63 $630,000 Exercise of options
17/02/17 David Hearn Sell +1,000,000 $0.249 ($248,732) On-market trade
31/08/16 Warwick Every-Burns Buy +100,000 $1.90 $189,936 On-market trade
25/08/16 Geoffrey Babidge Sell +1,000,000 $2.13 ($2,125,838) As advised by the company
23/03/16 Geoffrey Babidge Sell +1,000,000 $1.99 ($1,990,000) On-market trade
30/12/15 Geoffrey Babidge Sell +500,000 $2.36 ($1,181,899) On-market trade
21/12/15 Geoffrey Babidge Sell +1,000,000 $1.69 ($1,686,872) On-market trade
19/11/15 Julia Hoare Buy +50,000 $0.984 $49,200 On-market trade
09/11/15 Melvyn Miles Buy +4,147 $0.71 $2,944 On-market trade
04/11/15 Melvyn Miles Buy +180,000 $0.71 $127,800 On-market trade
14/10/15 David Hearn Buy +100,000 $0.782 $78,200 On-market trade
09/10/15 Geoffrey Babidge Sell +1,000,000 $0.72 ($720,000) On-market trade
24/07/15 Geoffrey Babidge Buy +6,000,000 $0.099 $594,000 Conversion of securities
24/07/15 Geoffrey Babidge Exercise 5,000,000 $0.119 $594,000 Conversion of securities

Director Interests

The current holdings of A2M directors.

Director Last Notice Direct Shares Indirect Shares Options Convertibles
Lain Jager 01/12/2024 0 N/A N/A N/A
Antonio (Tonet) Rivera 01/11/2024 0 N/A N/A N/A
David Bortolussi 30/08/2024 789,860 1,280,766 N/A N/A
Kathryn(Kate) Mitchell 30/06/2024 N/A 1,000 N/A N/A
Philippa (Pip) Greenwood 30/06/2024 N/A 30,000 N/A N/A
David Wang 01/09/2022 0 N/A N/A N/A
Sandra Yu N/A N/A N/A N/A N/A

Shareholder Info

Top 20 Shareholders

Data supplied by Morningstar and accurate on Aug 1, 2024.

It's not possible to publish a real-time Top 20 Shareholder list. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). If a company chooses to publish the data, it's usually once a year in their Annual Report.

All data is manually compiled so there might be a delay between the Annual Report being published and the data appearing on Market Index (<7 days for ASX 300 and up to 30 days for micro-caps).

Name Shares Capital
HSBC Custody Nominees (Australia) Limited 113,290,528 15.67%
Citicorp Nominees Pty Limited 96,163,814 13.30%
BNP Paribas Nominees NZ Limited Bpss40* 42,529,528 5.88%
J P Morgan Nominees Australia Pty Limited 34,661,044 4.79%
HSBC Nominees (New Zealand) Limited* 26,156,306 3.62%
Tea Custodians Limited* 21,013,734 2.91%
HSBC Custody Nominees (Australia) Limited Gsco Eca 20,980,543 2.90%
Accident Compensation Corporation* 20,509,205 2.84%
JPMORGAN Chase Bank* 18,595,095 2.57%
New Zealand Superannuation Fund Nominees Limited* 17,659,815 2.44%
Citibank Nominees (NZ) Ltd* 15,787,511 2.18%
New Zealand Depository Nominee 14,021,429 1.94%
National Nominees Limited 13,425,469 1.86%
HSBC Nominees (New Zealand) Limited* i 9,463,432 1.31%
Premier Nominees Limited* 8,473,699 1.17%
Public Trust* 7,323,398 1.01%
UBS Nominees Pty Ltd 6,938,917 0.96%
New Zealand Permanent Trustees Limited* 6,325,699 0.88%
BNP Paribas Noms Pty Ltd 6,123,304 0.85%
JBWere (NZ) Nominees Limited 5,945,531 0.82%

Shareholder Distribution

As reported in the most recent Annual Report.

Holding Size 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001+ Total
No. of Shareholders 46,824 17,619 3,226 2,229 144 70,042

Substantial Shareholders

A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list.

Shareholding changes less than 1% do not require notification to the market. When all “Last Notice” dates are identical, it suggests that no (or minimal) change has occurred since the most recent Annual Report.

Note: If a substantial shareholder's stake drops below 5%, the "Shareholders Selling" field shows full ownership as sold and sets "New %" to zero, even if they continue to hold shares under the limit.

Name Last Notice Total Shares Shares Held (%)
The Vanguard Group,Inc 01/08/2024 36,159,019 5.00
The Goldman Sachs Group, Inc. 01/08/2024 40,370,505 5.58
Perpetual Limited and subsidiaries 07/11/2024 59,388,605 8.20
Paradice Investment Management Pty Ltd 13/11/2024 36,213,218 5.00
UBS Group AG and its related bodies corporate 26/11/2024 38,517,360 5.32

Shareholders Buying

12 month transaction history compiled from ASX announcements.

Date Name Bought Previous % New %
26-11-24 UBS Group AG and its related bodies corporate 38,517,360 -- 5.32
20-11-24 FirstCape Group Limited 36,324,624 -- 5.02
13-11-24 Paradice Investment Management Pty Ltd 36,213,218 -- 5.00
12-11-24 UBS Group AG and its related bodies corporate 39,065,374 -- 5.40
07-11-24 Perpetual Limited and subsidiaries 8,277,423 7.07 8.20
09-10-24 Harbour Asset Management Limited 36,315,460 -- 5.02
24-09-24 Paradice Investment Management Pty Ltd 39,458,388 -- 5.45
12-08-24 FirstCape Group Limited 36,463,107 -- 5.04
02-04-24 The Vanguard Group,Inc 36,159,019 -- 5.00
13-03-24 The Vanguard Group,Inc 36,153,385 -- 5.00
14-02-24 Morgan Stanley and its subsidiaries 34,766,972 -- 5.18
13-02-24 Bennelong Funds Management Group Pty Ltd 41,186,962 -- 5.70
01-02-24 The Goldman Sachs Group, Inc. 40,370,505 -- 5.58

Shareholders Selling

12 month transaction history compiled from ASX announcements.

Date Name Sold Previous % New %
05-12-24 FirstCape Group Limited 36,324,624 5.02 --
20-11-24 UBS Group AG and its related bodies corporate 39,065,374 5.40 --
13-11-24 FirstCape Group Limited 36,463,107 5.04 --
11-11-24 Paradice Investment Management Pty Ltd 39,458,388 5.45 --
07-11-24 Harbour Asset Management Limited 36,315,460 5.02 --
07-08-24 Perpetual Limited and subsidiaries 7,998,029 8.18 7.07
07-08-24 Bennelong Funds Management Group Pty Ltd 41,186,962 5.70 --
15-03-24 The Vanguard Group,Inc 36,153,385 5.00 --
13-03-24 The Vanguard Group,Inc 37,193,028 5.00 --
31-01-24 The Goldman Sachs Group, Inc. 45,521,998 6.31 --

Historical Data

Share Price History

Date Close Change %Chg Open High Low Volume Turnover

Historical Data

Year Closing Price Last Trade
2024 $6.77 28 June
2023 $4.89 30 June
2022 $4.39 30 June
2021 $6.00 30 June
2020 $18.66 30 June
2019 $13.85 28 June
2018 $10.52 29 June
2017 $3.76 30 June
2016 $1.75 30 June
2015 $0.64 30 June
A2M Historical Price Data (CSV)
Up to 20 years of EOD share price history

Important note:

All year-end and CSV data is "as traded on the day" and ignores corporate actions (e.g. share splits)

Market Index, ASX and Morningstar Logos

All data on this page is supplied by the ASX, Morningstar and Market Index. Read the disclaimer.