Australia's Treasury Wine pauses $130 million buyback, withdraws 2026 earnings forecast
12/10/2025 22:42
Oct 13 (Reuters) - Australia's Treasury Wine Estates TWE.AX said on Monday it is pausing its A$200 million ($130.02 million) share buyback announced in August and will not be retaining its guidance for EBITS growth in fiscal year 2026, owing to uncertain outlook in its flagship Penfolds business in China as well as its Treasury Americas portfolios. ($1 = 1.5382 Australian dollars) (Reporting by Shivangi Lahiri in Bengaluru; Editing by David Gregorio) ((Shivangi.Lahiri@thomsonreuters.com;))
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