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Cuscal Limited (ASX:CCL)

ALERT: Price-sensitive ASX Announcement for CCL
Current share price for CCL : $6.310 1.54 (32.29%)+
Announcement
Release
29 May 2026 9:30AM
Price at Release
$4.770
Full Release
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Summary
Cuscal Limited announced the completion of its acquisition of Paymark Limited, a leading payments service provider in New Zealand, from Retail International Holding S.A.S. (Worldline). The acquisition, which was preceded by announcements on 14 April 2026 and 24 April 2026 about entering into an exclusive arrangement and completion of necessary consultations, is expected to enhance Cuscal's earnings in FY27. Cuscal anticipates the acquisition will be mid-single digit EPS accretive and deliver mid-teens Return on Invested Capital in FY27. This strategic move aligns with Cuscal's focus on expanding its capabilities in the payments sector.
Key Points
  • Cuscal completes acquisition of Paymark
  • Paymark is a key payments infrastructure provider in New Zealand
  • The acquisition is expected to be EPS accretive in FY27
  • Anticipated mid-teens Return on Invested Capital in FY27
  • The acquisition follows exclusive arrangements and consultations with Worldline
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.