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ASX Limited (ASX:ASX)

ALERT: Price-sensitive ASX Announcement for ASX
Current share price for ASX : $50.680 -6.21 (-10.92%)+
Announcement
Release
15 Dec 2025 9:48AM
Price at Release
$56.890
Full Release
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Summary
ASX Limited has committed to a strategic package of actions in response to an ASIC inquiry, which includes accumulating an additional $150 million capital charge by 30 June 2027. This move is part of a broader initiative to enhance its operational risk management and governance structures, and to address findings from an interim report by the ASIC Inquiry Panel. ASX is also resetting its Accelerate Program's scope and reinforcing the independence of its clearing and settlement boards by filling them exclusively with non-ASX Limited directors. The company aims to maintain dividend payout ratios between 75% and 85%, adjusting to fund the new capital requirements, and has outlined ROE targets and expense growth guidance for the coming years.
Key Points
  • Strategic reset of Accelerate Program to be agreed with ASIC and RBA
  • ASX to ensure independence of clearing and settlement facility boards
  • $150 million additional capital charge imposed by ASIC
  • Dividend payout policy adjusted to fund additional capital requirement
  • Medium term ROE target adjusted to between 12.5% and 14.0%
  • No change to FY26 total expense growth or capital expenditure
  • FY27 total expense growth guidance to be provided in June 2026
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.