Australia's Treasury Wine falls to near 11-year low on cancelled buyback, bleak outlook

Treasury Wine Estates

16/12/2025 23:47

** Shares of Treasury Wine Estates TWE.AX fall as much as 16.8% to A$4.57, their lowest levels since January 23, 2015
** The penfolds maker cancelled remaining portion of its A$200 million ($132.62 million) buyback
** Co expects earnings before interest, tax, SGARA and material items (EBITS) of A$225 million to A$235 million, down from A$391.4 million reported last year
** Shares post biggest intraday pct drop since August 18, 2020
** YTD, shares down 57.4%

($1 = 1.5081 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))