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Shriro Holdings Limited (ASX:SHM)

ALERT: Price-sensitive ASX Announcement for SHM
Current share price for SHM : $0.720 -0.06 (-7.69%)+
Announcement
Release
3 Nov 2025 10:24AM
Price at Release
$0.780
Full Release
download
Summary
Shriro Holdings Limited released a buy-back update noting potential changes in shareholder voting power due to three planned buy-backs of company shares at 81 cents each. Major shareholder Brunneis Investments Pty Ltd could see its voting power increase from 19.62% to 28.73% if buy-backs occur without their participation. D2A Holdings and SPL Pacific sold shares to Brunneis, shifting control. CEO Tim Hargreaves has opted out of participating in the buy-backs, and the board may execute the buy-backs sequentially, concurrently, or not at all, based on capital management objectives.
Key Points
  • Shriro Holdings Limited (ASX: SHM) issued a Buy-Back Update on 3 November 2025.
  • The update discusses three potential buy-backs at a price of 81 cents per share.
  • Brunneis Investments Pty Ltd's voting power may increase from 19.62% to 28.73% if the buy-backs proceed without their participation.
  • D2A Holdings Pte Ltd and SPL Pacific Ltd sold their shares to Brunneis, altering voting dynamics.
  • The update includes illustrative changes in voting power for major shareholders after each buy-back.
  • Tim Hargreaves, CEO, confirmed he no longer intends to participate in the buy-backs.
  • The board reserves the discretion to conduct the buy-backs sequentially, concurrently, or not at all.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.