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ASX ASX News Story

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FinancialsConservativeLarge CapSuper Stock

Australia's ASX slumps to over 2-year low after regulator charge, payout trims

** Shares of Australia's local bourse operator ASX ASX.AX fall as much as 5.1% to A$54, their lowest level since October 20, 2023

** ASX hit with additional A$150 million ($99.71 million) charge by Australia's corporate regulator

** ASX to cut its dividend payout ratio to 75–85% of underlying NPAT, with payout expected to be at bottom end of range for at least the next three dividends to accommodate the charge

** Stock set for weakest intraday trading session since August 7, if current trends hold

** Stock down 16.2% YTD, including the day's moves

($1 = 1.5044 Australian dollars)

(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))

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