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Business as usual: Tower ends strategic review

Tower's board also approves conditional proposal to return $45m to shareholders.

Tower chair Michael Stiassny.

Listed insurer Tower has ended a strategic review and decided to continue business as usual – for now – as well as announcing a proposal to return $45 million of excess capital to shareholders.

In December last year, the company said the review of its ownership structure was to help

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Jonathan Mitchell Mon, 09 Sep 2024
Contact the Writer: jmitchell@nbr.co.nz
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Business as usual: Tower ends strategic review
Investment,
105747
true