Scales Corporation Limited Ordinary Shares
SCL.NZXConsumer Staples
Scales Corporation is a diversified agribusiness portfolio. It comprises three operating divisions: Horticulture, Storage & Logistics and Food Ingredients. The company's diverse spread of activities gives Scales broad exposure to New Zealand's agribusiness sector. Scales Corporation was founded in 1897 as a shipping business by George Herbert Scales. The company employs more than 500 staff New Zealand wide.
Market Data
$6.500
-0.0%$952.8M
9.3x
$0.701
4.56%
+0.4%
Recent Announcements
Ongoing Disclosure Notice - Ben Washington
Ben James Washington, Chief Financial Officer of Scales Corporation Limited, acquired 40 ordinary shares (NZX code: SCL) on 9 July 2026 through the Scales' Dividend Reinvestment Plan, increasing his holding from 2,500 to 2,540 shares.
Capital Change Notice - Dividend Reinvestment Plan
Scales Corporation Limited (SCL) issued 812,851 ordinary shares on 9 July 2026 at $6.1345 per share through its Dividend Reinvestment Plan, representing 0.558% of total shares outstanding, with the shares fully paid from reinvested dividend proceeds.
Dividend Reinvestment Plan strike price
Scales Corporation Limited (NZX:SCL) announces that shares issued under its Dividend Reinvestment Plan for the FY2025 final dividend will be priced at $6.1345 per share, calculated as the five-day volume weighted average sale price less a 2.0% discount, with shares to be issued on 9 July 2026.
Ongoing Disclosure Notices - Multiple
Andrew James Borland, Managing Director of Scales Corporation Limited, acquired 210,474 ordinary shares (NZX code: SCL) on 10 June 2026 under the Scales Performance Share Rights Scheme, increasing his holding from 430,310 to 640,784 shares.
Capital Change Notice
Scales Corporation Limited issued 270,293 ordinary shares on 10 June 2026 upon the exercise of 288,080 Performance Share Rights under its 2023 Grant scheme, representing 0.019% of the total class. The shares were issued for nil cash payment as fully paid ordinary shares ranking equally with existing shares.
FY2025 Final Dividend & Dividend Reinvestment Plan
Scales Corporation Limited (NZX:SCL) declared a FY2025 final dividend of 12.5 cents per share (50% imputed), bringing total FY2025 dividends to 25.0 cents per share, and established a Dividend Reinvestment Plan allowing shareholders to reinvest dividends into new shares at a 2% discount to market price.
Initial Disclosure Notice - Ben Washington
Ben James Washington, Chief Financial Officer of Scales Corporation Limited, made an initial disclosure of relevant interests showing he holds 2,500 ordinary shares (NZX code: SCL) as a registered holder and beneficial owner.
Market Update
Scales Corporation Limited (NZX:SCL) reiterated its FY2026 guidance for Underlying Net Profit after Tax of $50.0-$55.0 million, reporting positive trading across all divisions in the first five months despite challenges including weather impacts on apple picking (4.7m TCEs at 77% packout) and operational disruptions at its European joint venture subsidiary following receivership proceedings.
SPH Notice - Harbour Asset Management Limited
Harbour Asset Management Limited changed substantial holding from 11.468% to 10.404%.
SPH Notice - FirstCape Group Limited
FirstCape Group Limited changed substantial holding from 16.145% to 15.087%.
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