LIC is a New Zealand dairy farmer owned co-operative which empowers livestock farmers through the delivery of superior genetics and technology.
With origins dating back to 1909, LIC has a long history of world-leading innovations for the dairy industry.
All LIC profit is returned to its 10,300 farmer owners/shareholders in dividends or re-invested in new solutions, research and development.
LIC listed on the NZAX market in April 2004. Following the closure of the NZAX, LIC migrated to the NZSX on 1 July 2019.
LIC's Non-Standard designation continues, reflecting that trading in its Ordinary Shares is restricted to dairy farmers who qualify to be shareholders through their use of LIC products and services and its co-operative company status. A copy of the waivers granted to LIC is available on LIC's NZX page, in the documents section.
The following information was extracted from Livestock Improvement Corporation Limited's full year results, released 19 July 2024:
Summary of financials:
In any given GDT Event the GDT website may display a range of results other than price, as explained:
For clarification where GDT publishes ' – ' or ‘n.s.’ (not sold) NZX results will also display a '-' or 'n.s'.
Where the GDT website displays ‘n.p.’ (not published), NZX will display the starting price. Note that the NZX results page will not differentiate between prices that are equal to starting price or those that have exceeded starting prices.
'n.a.' for the Average Winning Price as displayed on the GDT website are not displayed on this results page.
Note that N/A in the table below means there has been no change between current and previous price.