ASX Announcements
Dividend Record Date, Dividend Pay Date, Dividend Rate
Market Sensitive
1H25 Results Announcement and Trading Update
Half Yearly Report, Trading Update, Dividend Rate, Web Casts
Market Sensitive
Appendix 4D and Half Year Financial Report
Half Yearly Report, Half Year Audit Review, Half Year Directors' Statement, Half Year Accounts, Half Year Directors' Report, Dividend Record Date, Dividend Pay Date, Dividend Rate
Resignation of Chief Financial Officer
Company Administration - Other
February
What we learnt: ‘Not investible’: Woolies risks crisis of confidence
Big cost cuts at Woolworths couldn’t turn investor sentiment around, Flight Centre loses altitude and Westfield owner Scentre eyes a housing play.
September 2024
Autobarn owner’s new chief winds down McKinsey plan
The Better Than Before program resulted in an “unacceptable” profit decline, as analysts suggested any new bid needed to be above $6 per share.
July 2024
Repco outshines takeover target Bapcor in weaker auto market
The chief executive of US giant Genuine Parts says the Repco business in Australasia is growing faster than the overall market, including against rival Bapcor.
Bain refused to sign Bapcor’s NDA/standstill in return for engagement
If there are other buyers waiting in the wings, no-one’s putting their hand up or even threatening to.
Bapcor rejects Bain’s $1.83b offer, lures exec chair from 7-Eleven
The struggling automotive parts group also flagged an impairment, and said the private equity firm’s cash proposal did not reflect the value of the company.
June 2024
Bapcor needs to rev Bain’s bid into an auction
After three profit downgrades, a private equity bid for Bapcor was always coming. But what price will secure the diamond in the rough?
Bain offers $1.83b for Bapcor | Apple brings AI to iPhones | Cranbrook settles with former headmaster
Read everything that’s happened in the news so far today.
Embattled Bapcor gets $1.83b buyout offer from Bain Capital
Shares in the company, which runs 1100 outlets under the Autobarn, Burson, Autopro and Midas brands, climbed 14 per cent after the proposal from the private equity group.
Former Bapcor CEO Darryl Abotomey canvassed by PE suitor Bain
Sources said Bain was among a number of private equity firms that had tested the interest of the former Bapcor boss in recent weeks.
Suitor tinkers with car parts business Bapcor; eyes on Bain Capital
Sources pointed to Bain Capital as the would-be acquirer, and said that the inbound approach was made in recent weeks.
Buying the dip? Seven trashed ASX stocks fundies are snapping up
Lovisa, Worley and Orora are among the recent laggards that fund managers have been buying at – what they believe – are rare discounts.
May 2024
Tanarra pushes for change at Bapcor after $100m buy-up
Bapcor, which runs 1100 outlets selling car parts under the Autobarn, Autopro and Burson brands, is in Tanarra Capital’s sights.
Bapcor shuts big warehouses for two weeks to stop inventory blowout
The owner of Autobarn, Burson and Autopro has told car parts suppliers it won’t be taking any deliveries in late June at three large distribution centres in Victoria, Queensland and WA.
McKinsey program leaves Bapcor in a hole
Instead of delivering the $100 million in extra profits promised, the strategy overhaul has left the automotive giant in disarray and profits sliding.
Bapcor shapes as takeover target after share price rout
Macquarie says the Autobarn owner is a target after the 24pc plunge in its share price. It had private equity owners more than a decade ago.
‘Consumers pulling back’: Autobarn owner Bapcor in $500m wipeout
Shares in Bapcor, which runs 1100 stores under the Autobarn, Autopro and Burson banners, tumbled as much as 35 per cent after a hefty profit downgrade.
Ex-Bapcor boss braces for the worst after CEO no-show
“I should have sold a long time ago,” says former Bapcor CEO Darryl Abotomey, adding that it is disappointing to see the company go through more turmoil.
April 2024
Bapcor CEO-elect quits two days before taking job
Paul Dumbrell has pulled out of taking the top job as investors brace for a profit downgrade and one of the founders lashes out at the board.
March 2024
Thai PM wants Australia to slow car emissions plan
The Thai government says Prime Minister Srettha Thavisin urged Anthony Albanese to slow rollout of new emissions standards, but Australia insists the issue was not raised at ASEAN in Melbourne.
February 2024
Autobarn’s owner Bapcor spins its wheels with four CEOs in two years
Investment bank analysts are split on whether clients should be buying into the auto parts retailer and wholesaler. A new boss has his work cut out for him.