AVE

Aevum (AVE)

Stock Code

AVE

Stock Exchange

ax

Aevum (AVE) is a company primarily engaged in the operation, management and development of retirement villages and aged care facilities. Aevum was listed on the Australian Stock Exchange on 18th of November 2004. At present Aevum owns and operates twenty one senior living communities in Sydney, mid-North Coast, Southern Highlands of NSW, and Western Australia with a combined resident capacity of 2600 Aevum employs more than 320 dedicated team members.

Stockland Raises Takeover Offer


Australia's largest diversified property group, Stockland (ASX:SGP) have raised their takeover offer for Australian retirement village operator Aevum (ASX:AVE) by 20 percent to $1.80 in an "unconditional and final" bid for the company after Aevum rejected an initial bid by Stockland.

Aevum Dividends

1 September, 2010 - 13:39

Study the dividend history for AEVUM LIMITED. Dividends are a distribution of a company's profit to its shareholders and paid out in the form of a cash dividend. You are eligible to receive AVE dividends if you own the AEVUM LIMITED shares on the ex-dividend date. Traders and investors must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the AVE dividend if you buy the stocks on or after the ex dividend date.

Aevum Rejects Stockland


Australian retirement village operator Aevum (ASX:AVE) have rejected a $266 million takeover bid of diversified property group, Stockland (ASX:SGP). SGP is AVE's biggest shareholder (15.7 percent holdings) had offered $1.50 per share to which Aevum said that valuation "significantly undervalues" the company.

Aevum (AVE) Stock Recommendation


ABN Amro have initiated coverage on the Aevum (AVE) stock with a Buy with a valuation of $1.90. The broker notes that the company is well placed to further develop in its industry while looking for further opportunities to boost its market share. There is potential for upgraded property valuations which justifies the positive rating.

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