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ASX Limited (ASX:ASX)

ALERT: Price-sensitive ASX Announcement for ASX
Current share price for ASX : $51.790 -5.8 (-10.07%)+
Announcement
Release
23 Oct 2025 9:06AM
Price at Release
$57.590
Full Release
download
Summary
The ASX Limited's Annual General Meeting for 2025 addressed key initiatives and challenges faced by the company. The meeting highlighted the strategic progress of ASX's five-year transformation plan, particularly focusing on the Accelerate program aimed at operational risk management and technology modernization. Despite regulatory challenges, including an ASIC inquiry, ASX reported strong financial performance for FY25 with a 7.5% increase in underlying NPAT and dividend growth. FY26 expense guidance forecasts growth between 14% and 19%, including ASIC inquiry-related costs, with core business expenses projected towards the upper end of an 8-11% range. Investments in technology modernization are expected to drive future efficiency and growth.
Key Points
  • ASX's strategic five-year plan focuses on technology modernization and operational risk management through the Accelerate program.
  • FY25 financial performance was strong, with a 7.5% increase in underlying NPAT.
  • Total expense growth for FY26 is expected to be between 14% and 19%, factoring in ASIC inquiry costs.
  • ASX targets EBITDA margin expansion over the medium term.
  • Capital expenditure for FY26 is projected at $170-180 million, primarily for technology upgrades.
  • ASX remains a leading global exchange for IPOs and capital raisings in the metals and mining sector.
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.