Tower Australia (TAL)

Stock Code


Stock Exchange


TOWER Australia Group (TAL) is a specialist life insurance services provider. The principal activities of the Company include catering of life insurance services, management of funds, risk superannuation, provision of financial advice and investment management. TOWER Australia Group listed on the Australian Stock Exchange on 21st November, 2006. There are two main operating divisions of the Company comprising life insurance and funds management, and other financial services.

Negative Stock Price Action - ASX 200

Negative Stock Price Action from these ASX200 companies this week. These stocks decreased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (50th week: 13th December to 17th December 2010). Other lists of Australian companies by Market capitalisation.

ASX 200 Stocks which Buyers Bought in Strength

Stocks which Buyers Bought in Strength on the ASX 200. These stocks increased their share price by the biggest margin on the Australian stockmarket, the Australian Securities Exchange (ASX) from the previous week of trading (47th week of 2010: 22nd November to 26th November). ASX 200 stocks bought in strength this week include: SDL, LYC, GBG, BOW, TLS, AAX, COH, TAL, CHC, RIV, PDN, AGO, GM, KMD, AUN.

Tower Profit Surge

Australian insurance business, Tower Australia Group (ASX:TAL) have seen a profit surge of 88 percent in annual Net profit after tax (NPAT) to $87.4 million for the year to September 30 (compared to on the previous year of $46.4 million). Total revenue was up 15 percent compared to the previous year at $791 million.

Tower Australia Group Dividends

1 September, 2010 - 13:41

Read up on the dividend history for TOWER AUSTRALIA GROUP LIMITED. Dividends are payments made by a public company to its shareholders. It is a portion of corporate profits paid out to stockholders. You are eligible to receive TAL dividends if you own the TOWER AUSTRALIA GROUP LIMITED shares on the ex-dividend date. Investors and traders must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the TAL dividend if you buy the stocks on or after the ex dividend date.

Dai-Ichi Mutual Life Insurance APRA Approval

Japanese life insurance group, Dai-Ichi Mutual Life Insurance received approval from the Australian Prudential Regulation Authority (APRA) to increase is ownership of Tower Australia (TAL) from its existing 29.7 percent to 49.9 percent without having to seek approval from the Foreign Investment Review Board. Their current stake was bought in August 2008 when Tower was at $3.75 per share, yesterday's close was at $2.52 per share.

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