ANZ directors adjust holdings amid profit drop, remuneration overhaul

ANZ Group Holdings Limited announced that director Richard Boyce Massey Gibb acquired 1,836 ANZ ordinary shares for AUD38.42 each and disposed of AN3 Capital Notes 7 and 8 at AUD103.36 and AUD103.85 respectively. Director Scott Andrew St John acquired 250 ANZ ordinary shares at AUD36.00 each. These on-market trades took place on November 11 and 18, 2025.

The company also released its 2025 annual financial report, revealing a 10% decrease in statutory profit and a 14% decrease in cash profit compared to the prior financial year. This downturn was attributed to significant items, including a PT Panin impairment of $285 million, staff redundancies totaling $579 million, and an ASIC settlement of $271 million.

In response, ANZ’s board implemented a revised remuneration strategy, including zero short-term variable remuneration for the chief executive and most Australian-based executives, and reductions in long-term variable remuneration. These changes aim to enhance accountability and address risk management shortcomings, as well as incorporate shareholder feedback from a "first strike" in 2024.