Computershare Ltd (ASX:CPU)
A$ 26.68 0.2 (0.76%) Market Cap: 15.96 Bil Enterprise Value: 17.86 Bil PE Ratio: 28.78 PB Ratio: 5.02 GF Score: 87/100

Computershare Ltd Investor Call Transcript

Oct 03, 2023 / 12:00AM GMT
Release Date Price: A$25.82 (+0.04%)
Operator

Thank you for standing by, and welcome to the Computershare Sale of US Mortgage Services Business and Investor Conference call. (Operator Instructions)

I would now like to hand the conference over to Mr. Stuart Irving, Chief Executive Officer. Please go ahead.

Stuart James Irving
Computershare Limited - CEO, President & Executive Director

Good morning, everyone, and welcome to today's investor conference call. I've got Nick Oldfield, our CFO; and Michael Brown from our IR team on the call. And today, we're going to take you through announcement we've made to divest 100% of our US Mortgage Services business to Rithm Capital Corp. or Rithm. And I'll also touch on our recent acquisition of Morgan Stanley's U.K. and European share plans business, Solium UK.

Now both are important strategic developments for Computershare. The transactions are firmly in line with our strategy to simplify Computershare, strengthen our core businesses and also improve the quality and consistency of our earnings and are good steps forward in executing the plan.

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