Here are the most actively traded stocks on New Zealand's Exchange on Friday.
Stride Property (NZE:SPG): 1.3 million shares
Vital Healthcare Property Trust (NZE:VHP): 955,155 shares
NZX (NZE:NZX): 943,788 shares
Ryman Healthcare (NZE:RYM): 800,212 shares
Tourism Holdings (NZE:THL): 699,829 shares
(Updates with the stock movement in the headline and last paragraph.)Tourism Holdings (ASX:THL, NZE:THL) said it has received a revised unsolicited, conditional and non-binding takeover approach from a consortium comprising BGH Capital and the family interests of Luke and Karl Trouchet, according to a Friday filing with the Australian and New Zealand bourses.The consortium currently owns nearly 20% of the company's shares, per the filing.The proposal values the company at NZ$3.10 per share in cash and remains subject to several conditions, including due diligence, financing arrangements, regulatory approvals, and unanimous board approval, the filing said.Shareholders representing about 16% of the company shares support engagement with the consortium and due diligence access, while the board said it will assess the proposal in shareholders' best interests and noted there is no certainty a deal will proceed, the filing added.In a separate filing, the company lowered its fiscal 2026 underlying net profit after tax forecast to NZ$40 million to NZ$43 million from NZ$43 million to NZ$47 million, citing global travel disruptions, weak consumer confidence, softer Australian rental demand, Middle East conflict impacts on vehicle sales, and foreign exchange headwinds.The company also raised its net debt forecast at June 30 to NZ$460 million to NZ$470 million from below NZ$400 million, citing weaker vehicle sales, adverse foreign exchange movements, and working capital pressures, according to a separate filing.Shares of Tourism Holdings surged 28% in Australia in recent Friday activity. Its Kiwi shares climbed 22% and earlier hit their highest since April 2024.
Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Friday.Arafura Rare Earths (ASX:ARU): 18.3 million sharesLiontown (ASX:LTR): 9.6 million sharesMedibank Private (ASX:MPL): 9.4 million sharesDroneShield (ASX:DRO): 8.2 million sharesPLS Group (ASX:PLS): 7.2 million shares
(Updates to add stock movement in the headline and last paragraph)Judo Capital Holdings (ASX:JDO) priced a AU$750 million capital-relief securitization transaction that will boost the company's common equity Tier 1 ratio, according to a Friday filing with the Australian bourse.The transaction, backed by small and medium-sized enterprise business loans, received strong investor support, allowing the company to upsize it from an initial amount of AU$500 million.As a result of the transaction, Judo Capital said its pro forma CET1 ratio at March 31 was 13.2%, compared with a reported ratio of 12.6%.After the transaction, which is expected to settle on June 4, Judo will generate a "significant" net interest margin on the underlying business loans without needing to hold capital for those assets, it said. Assuming a normalized level of capital, the transaction is expected to deliver a pro-forma benefit of 25 to 30 basis points to the fiscal year 2027 return on equity.The company's shares rose around 9% in recent Friday trade.