Australian investment manager Centuria slides to over 9-year low on lower profit, dividend

Centuria Capital

27/08/2026 04:43

** Centuria Capital CNI.AX tumbles as much as 17.7% to A$1.095, hitting its lowest since March 2017
** Investment manager's stock is on track for its fifth straight losing session and has marked its steepest intraday decline since March 2020
** CNI reported FY profit after tax attributable of A$56.5 million ($40.6 million), a 31.7% YoY decline
** Cut its final dividend to 0.50 AU cps from 0.80 AU cps a year earlier
** Separately, co announces insider Jason Huljich to succeed John McBain as CEO
** YTD, stock down 44.9%
     
($1 = 1.3926 Australian dollars)

 (Reporting by Paridhi Minda in Bengaluru)
 ((Paridhi.Minda@thomsonreuters.com;))