Yesterday, ClearView Wealth Ltd (ASX: CVW) announced its acquisition by Zurich has been completed, with shareholders receiving $0.60 per share in cash plus a fully franked $0.05 special dividend.

What did ClearView Wealth Limited report?

• Zurich Financial Services Australia Limited has acquired 100% of ClearView shares under the Scheme of Arrangement.
• Shareholders received $0.60 in cash per share and a $0.05 fully franked special dividend per share.
• The Scheme was approved by shareholders on 27 July 2026 and by the Supreme Court of NSW on 30 July 2026.
• ClearView’s shares were suspended from ASX trading on 31 July 2026 and will be delisted on 21 August 2026.
• The ATO has provided a draft Class Ruling relating to the taxation of the scheme and special dividend.

What else do investors need to know?

The acquisition means all ClearView shares are now owned by Zurich, and trading in ClearView shares has ceased. Shareholders on the record date should have received their scheme consideration and special dividend payments.

ClearView has applied for removal from the ASX, which will take effect on 21 August 2026. The company notes that the Australian Tax Office has issued a draft Class Ruling regarding the income tax implication of the scheme and the special dividend. Investors are urged to consult their tax advisers about how these outcomes affect their own circumstances.

What’s next for ClearView Wealth?

With the acquisition now finalised, ClearView will no longer be listed on the ASX and will operate as part of Zurich’s Australian business. Investors are advised to refer to Zurich for future company and strategy updates.

The final Class Ruling from the ATO will be available on the ATO’s website in due course. Shareholders are encouraged to watch for this update, particularly in relation to potential franking credit entitlements.

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The post ClearView Wealth provides update on Zurich acquisition and ASX delisting appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

As earnings results continue to be released, brokers are busy updating their outlooks on plenty of ASX 300 shares. 

The team at Morgans has just provided fresh guidance on Lottery Corporation Ltd (ASX: TLC) and Superloop Ltd (ASX: SLC). 

Both companies have faced headwinds over the last 12 months, resulting in share price losses between 3% and 8% in that span. 

What did the companies report?

As reported by James Mickleboro earlier this week, Lottery Corporation announced resilient FY26 results. The company maintained a fully franked full-year dividend and continued growth in its Keno business, despite rare unfavourable jackpot outcomes.

EBITDA (before significant items) of $736.1 million was down 1.8%, while NPAT (before significant items) of $342.5 million was down 6.3%. 

Meanwhile, Superloop announced underlying EBITDA increased 33% to $122.7 million, exceeding the top end of upgraded guidance. 

Revenue was up 21.6% to $664.3 million with 205,000 net new customers. 

The full releases can be found here: 

• Superloop FY Results
• Lottery Corporation FY Results. 

Following these results, Morgans provided commentary on both ASX 300 companies. 

Morgans’ view on Superloop shares 

Morgans said given the upgraded FY26 EBITDA guidance in mid-June 2026, the result was largely as expected. 

It is worth noting underlying EBITDA was slightly above the top end of guidance, marking the third upgrade in FY26. The composition of the result underpins our comfort that FY27 consensus expectations for ~$150m of underlying EBITDA are achievable. We retain our HOLD recommendation but lift our Target Price to $3.40.

From yesterday’s closing price, this target indicates almost 9% upside. 

Morgans’ view on Lottery Corporation shares 

Morgans said this ASX 300 stock delivered a resilient FY26 result. 

Price retention held up well, with 63% on Powerball and 100% on Saturday lotto, and the dividend was maintained at 16.5cps. Looking ahead, new FY27 guidance rebases opex to $305-315m and D&A to $125-130m, and with conditions still softer against undemanding comps, we have cut our top-line Lotteries forecasts by 2-3% across FY27-28F.

Below the line, the reclassification of Keno revenue, the exit from online Keno and higher interest costs following the Victorian licence renewal drive c.6-7% EPS cuts. We retain our Hold recommendation, with a revised price target of $5.60 (prev. $5.70).

From yesterday’s closing price, this updated target indicates a modest upside of just over 7%. 

The post What is Morgan’s view on these ASX 300 shares following earnings results? appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended The Lottery Corporation. The Motley Fool Australia has recommended The Lottery Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Yesterday, Genesis Minerals Ltd (ASX: GMD) reported record FY26 earnings, with EBITDA more than doubling to A$952 million and an 81% jump in cash and equivalents to A$520 million. The board also declared its maiden fully franked dividend of 5.0 cents per share.

What did Genesis Minerals report?

• EBITDA up 110% to A$952.4 million (FY25: A$454.1m)
• Underlying NPAT up 147% to A$546.9 million; Statutory NPAT A$601.8 million, including a one-off tax benefit
• Sales revenue rose 89% to A$1,742.4 million
• Gold production up 33% to 285,402 ounces; AISC A$2,670/oz, within guidance
• Cash and equivalents at A$520.1 million, up from A$286.9 million
• Maiden fully franked dividend of A5.0 cents per share
• Acquisition of Magnetic Resources completed, adding the high-grade Lady Julie deposit

What else do investors need to know?

Genesis wrapped up FY26 in a strong financial position, having completed the acquisition of Magnetic Resources for A$447 million in cash and 28 million shares. This move expanded the company’s gold resources and strengthened its foothold in WA’s Laverton region.

Growth-related project and exploration spending (excluding acquisitions) totalled A$275 million, including key developments at Tower Hill and Ulysses. Genesis also upsized its corporate finance facility to A$300 million during the year and repaid earlier drawn debt.

Maiden dividends mark a milestone, rewarding share owners for the company’s transformation since starting gold production in 2023. The planned merger with Vault, on track for completion in November 2026, is expected to double Genesis’s annual production to over 600,000 ounces and create a top-tier gold company globally.

What did Genesis Minerals management say?

Executive Chairman Raleigh Finlayson said:

These outstanding financial results reflect the strength of our exceptional asset base and our overarching commitments to safety, growth and meeting targets… In light of this result and the outlook for strong ongoing cash generation, we have declared a maiden fully franked dividend of 5.0c per share. We believe this strikes the right balance between ensuring we are well capitalised to take advantage of growth opportunities while also returning cash to shareholders.

What’s next for Genesis Minerals?

Looking ahead, Genesis plans to finalise its merger with Vault, targeting completion by November 2026. The combined group expects to unlock around A$2 billion in post-tax synergies over the next decade, creating a major player in the global gold sector.

A formal strategic plan for the merged entity is set for release in the first half of 2027. This will provide fresh production and cost guidance, alongside a new capital management framework—including future dividend policy. For FY27, Genesis is guiding standalone gold production of 270,000–300,000 ounces at slightly increased all-in sustaining costs, with additional spending on growth and exploration.

Genesis Minerals share price snapshot

Over the past 12 months, Genesis Minerals shares have risen 88%, significantly outperforming the All Ordinaries Index (ASX: XAO).

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The post Genesis Minerals FY26 earnings: profit, growth, maiden dividend appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.