Australia's Treasury Wine reviews Americas operations to boost returns, shares jump
04/06/2026 01:21
Australia's Treasury Wine reviews Americas operations to boost returns, shares jump June 4 (Reuters) - Australia's Treasury Wine Estates TWE.AX said on Thursday that it was reviewing its Americas operations to improve returns and long-term shareholder value, sending its shares up more than 12% in early trade.
Shares of the company rose as much as 12.6% to A$4.640, heading for their best session since April 22 and hitting their highest level since May 25.
(Reporting by Rajasik Mukherjee; Editing by Subhranshu Sahu)
Recent news on Treasury Wine Estates
See all newsAustralia's Treasury Wines rises as Morningstar maintains views on improving demand
Morningstar mantains views on Australia's Treasury Wines on improving demand
Australia's Treasury Wine rises as Citi says AGM update modestly positive
Brief: Treasury Wine Estates On Track To Realise Full A$100M P.A. Cost Reduction By F29
Citi says Treasury Wine's AGM update modestly positive versus FY26 result