TWE ASX: Treasury Wine puts December deadline on cheaper brand demerger
The country’s largest wine producer says it could split the business to focus exclusively on luxury labels like Penfolds, where demand is rising rapidly.
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The country’s largest wine producer says it could split the business to focus exclusively on luxury labels like Penfolds, where demand is rising rapidly.
There’s a growing thirst for wine in alternative packaging, from pouches and cans to the new-school goon bag.
Treasury Wine Estates Limited (OTCMKTS:TSRYY – Get Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 10,400 shares, an increase of 766.7% from the January 31st total of 1,200 shares. Based on an average daily volume of 198,300 […]
Treasury Wine Estates Limited (OTCMKTS:TSRYY – Get Free Report) announced a dividend on Wednesday, February 21st, NASDAQ reports. Investors of record on Thursday, March 7th will be given a dividend of 0.0334 per share on Monday, April 15th. The ex-dividend date of this dividend is Wednesday, March 6th. This is an increase from Treasury Wine […]
China is conducting a review into its tariffs on Australian wine, and expectations are rife that levies will be removed next month, with Treasury Wine Estates planning to reallocate stock from other global markets.