Technology One Ltd (ASX: TNE) Share Price and News

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Technology One Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $4.97 billion
P/E Ratio 51.81
Dividend Yield 1.00%
Shares Outstanding 324.67 million
Earnings per share 0.298
Dividend per share 0.15
Year To Date Return 18.01%
Earnings Yield 1.93%
Franking 59.9567099567
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as at 24 Feb 3:44pm

  • Technology One Ltd (ASX: TNE)
    Latest News

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    These ASX tech shares are blowing the index out of the water today

    Tech shares are enjoying twice the gains of the ASX 200 on Friday.

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    Buy these ASX 200 growth shares for big returns

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    Frequently Asked Questions

    Yes. TechnologyOne has a long record of paying dividends. It has paid two partially franked dividends, in June and December, every year since  2005. It does not offer a dividend reinvestment plan (DRP).

    The Brisbane-headquartered company listed on

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    01 Jun 2023 $0.0462 59.96% Interim 16 Jun 2023
    01 Dec 2022 $0.0200 60.00% Special Cash 16 Dec 2022
    01 Dec 2022 $0.1082 59.98% Final 16 Dec 2022
    02 Jun 2022 $0.0420 60.00% Interim 17 Jun 2022
    02 Dec 2021 $0.1009 59.96% Final 17 Dec 2021
    03 Jun 2021 $0.0382 59.95% Interim 18 Jun 2021
    03 Dec 2020 $0.0941 60.04% Final 18 Dec 2020
    28 May 2020 $0.0347 59.94% Interim 12 Jun 2020
    28 Nov 2019 $0.0878 60.02% Final 13 Dec 2019
    30 May 2019 $0.0315 74.92% Interim 14 Jun 2019
    29 Nov 2018 $0.0200 75.00% Special Cash 14 Dec 2018
    29 Nov 2018 $0.0616 75.00% Final 14 Dec 2018
    31 May 2018 $0.0286 75.17% Interim 15 Jun 2018
    28 Nov 2017 $0.0000 0.00% Special 14 Dec 2017
    28 Nov 2017 $0.0000 0.00% Final 14 Dec 2017
    01 Jun 2017 $0.0000 0.00% Interim 16 Jun 2017
    28 Nov 2016 $0.0200 100.00% Special 14 Dec 2016
    28 Nov 2016 $0.0509 100.00% Final 14 Dec 2016
    01 Jun 2016 $0.0236 100.00% Interim 17 Jun 2016
    30 Nov 2015 $0.0200 100.00% Special 16 Dec 2015
    30 Nov 2015 $0.0463 100.00% Final 16 Dec 2015
    01 Dec 2014 $0.0200 100.00% Special Cash 17 Dec 2014
    01 Dec 2014 $0.0421 100.00% Final 17 Dec 2014
    06 Mar 2006 $0.0140 100.00% Interim 24 Mar 2006
    05 Sep 2005 $0.0170 100.00% Final 23 Sep 2005
    05 Mar 2004 $0.0125 100.00% Interim 25 Mar 2004

    TNE ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Technology One Ltd

    TechnologyOne Ltd (ASX: TNE) is one of the largest publicly listed software companies in Australia, with offices across six countries. It develops user-friendly enterprise software products that are deeply integrated into customers' information technology, or IT, infrastructure.

    The company boasts more than 1,000 clients across seven industry segments: namely, government, local government, financial services, education, health and community services, utilities, and managed services. The TechnologyOne share price is currently trading near its all-time high.

    TNE Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    09 Aug 2023 $15.46 $0.06 0.39% 381,108 $15.31 $15.53 $15.31
    08 Aug 2023 $15.40 $-0.09 -0.58% 400,496 $15.50 $15.60 $15.37
    07 Aug 2023 $15.49 $-0.08 -0.51% 326,994 $15.36 $15.60 $15.31
    04 Aug 2023 $15.57 $0.17 1.10% 527,828 $15.39 $15.63 $15.28
    03 Aug 2023 $15.40 $-0.04 -0.26% 415,178 $15.32 $15.47 $15.24
    02 Aug 2023 $15.44 $-0.28 -1.78% 520,802 $15.67 $15.67 $15.43
    01 Aug 2023 $15.72 $-0.03 -0.19% 644,521 $15.86 $15.91 $15.65
    31 Jul 2023 $15.75 $-0.19 -1.19% 445,124 $15.99 $16.08 $15.65
    28 Jul 2023 $15.94 $0.06 0.38% 529,200 $15.82 $15.94 $15.65
    27 Jul 2023 $15.88 $0.30 1.93% 677,444 $15.63 $15.99 $15.63
    26 Jul 2023 $15.58 $0.03 0.19% 541,062 $15.61 $15.71 $15.52
    25 Jul 2023 $15.55 $0.02 0.13% 570,082 $15.47 $15.57 $15.30
    24 Jul 2023 $15.53 $0.20 1.30% 637,720 $15.44 $15.56 $15.33
    21 Jul 2023 $15.33 $-0.45 -2.85% 883,515 $15.57 $15.64 $15.28
    20 Jul 2023 $15.78 $0.00 0.00% 626,947 $15.83 $16.00 $15.75
    19 Jul 2023 $15.78 $0.05 0.32% 629,228 $15.96 $15.99 $15.76
    18 Jul 2023 $15.73 $-0.23 -1.44% 466,322 $16.00 $16.05 $15.73
    17 Jul 2023 $15.96 $0.43 2.77% 1,281,510 $15.62 $15.99 $15.51
    14 Jul 2023 $15.53 $0.24 1.57% 914,199 $15.49 $15.66 $15.36
    13 Jul 2023 $15.29 $0.14 0.92% 905,556 $15.39 $15.39 $15.24
    12 Jul 2023 $15.15 $-0.08 -0.53% 869,065 $15.31 $15.40 $15.13
    11 Jul 2023 $15.23 $0.22 1.47% 1,282,934 $15.12 $15.31 $15.08

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    05 Jul 2023 Richard Anstey Buy 4 $60,629
    On-market trade.
    14 Jun 2023 John Mactaggart Sell 2 $31,300,000
    Off-market trade. As per announcement on 14-06-2023
    05 Dec 2022 Ronald (Ron) McLean Sell 20 $281,157
    On-market trade.
    02 Dec 2022 Richard Anstey Sell 14 $196,320
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr John Dugald Mactaggart Non-Executive Director Jul 1987
    Mr Mactaggart's experience spans industries such as agriculture, agri-tech, manufacturing and software. He co-founded the Australian Association of Angel Investors Limited, is a co-founder of Brisbane Angels and was the Australian representative of the World Business Angels Association. Mr Mactaggart played an integral role in the creation, funding, and development of TechnologyOne and remains a major shareholder.
    Ms Sharon Doyle Non-Executive Director Feb 2018
    Ms Doyle is the Executive Chair and majority owner of corporate advisory firm, InterFinancial Corporate Finance Limited. She has successfully navigated technology companies through the challenges of steep global growth curves, with a understanding of the dynamics in Software as a Service (SaaS). Ms Doyle's leadership of InterFinancial has seen her develop a core practice providing strategic advice for technology and other IP-rich, high-growth companies. She also has international experience managing merger, acquisition and private equity processes across the technology industry. She is a member of the Risk and Governance Committee.
    Mr Richard Charles Anstey Non-Executive Director Dec 2005
    Mr Anstey's career has spanned over 40 years. His first company, Tangent Group Pty Ltd, established a strong reputation for the development of software products and strategic management consultancy for the banking and finance sector. With the sale of Tangent, he then co-founded lnQbator/iQFunds in 2000, an early stage investment group focussed upon the technology, telecommunications and life sciences sectors. Through iQFunds and personally, Rick has co-invested in more than 30 companies with the support of Commonwealth Government programs, venture capital funds and both corporate and personal investors. While being an active non-executive director of his investments, Richard has added value wherever appropriate to maximise shareholder value and has also been actively involved in the trade sale of seven companies to organisations in the US, Europe and Australia
    Dr Jane Andrews Non-Executive Director Feb 2016
    Dr Jane Andrews brings 15 years leadership experience in research and innovation-based organisations. As a founder and investor in innovative companies, Dr Andrews has experience in corporate strategy, entrepreneurship, commercialisation, innovation, research and development. She is a member of Risk and Governance Committee.
    Mr Patrick (Pat) Redmond Joseph O'Sullivan Lead Independent DirectorNon-Executive DirectorNon-Executive Chairman Mar 2021
    Mr O'Sullivan has 40 years experience working across a range of industries both as an executive and non-executive director. His last executive role was the Chief Operating Officer and Finance Director of Nine Entertainment Co Pty Limited, a position he held for six years until June 2012 and prior to that he was the Chief Financial Officer of Optus for five years. He is currently Chairman of Carsales.com and Siteminder. His previous ASX nonexecutive director roles include Afterpay, iiNet, iSelect, APN Outdoor, iSentia and Marley Spoon.
    Mr Clifford Johann Rosenberg Non-Executive Director Feb 2019
    Mr Rosenberg has more than 20 years experience leading change and innovation in technology and media companies. As the former Managing Director of LinkedIn for Australia, NZ and South-East Asia, Mr. Rosenberg started the Australian office in 2009 and oversaw the expansion of LinkedIn in Australia from 1 million members in 2009 to more than 8 million members in 2017. Previously, he was Managing Director at Yahoo! Australia and New Zealand, and prior to that role he was the founder and Managing Director of iTouch Australia NZ where he grew the Australian office to one of the largest mobile content and application providers in Australia. He is a member of Governance Committee.
    Mr Peter Ball Non-Executive Director Mar 2020
    Mr Ball who has had enjoy a career in the professional services sector spanning nearly 40 years, initially in audit both nationally and internationally, with the last 30 years in management consulting. Mr Ball was a Partner with KPMG for some 25 years providing a range of professional services and advice to both public and private sector organisations. He has also held senior roles with KPMG including the national leader of KPMG's Strategic Planning and Economic Development service line and more recently as national partner responsible for the finance and operations for KPMG's Government Advisory Practice. He is a member of the Risk Committee.
    Mr Stephen Kennedy Head of Governance Risk and ComplianceCompany Secretary Apr 2017
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    Mr Edward James Chung Chief Executive Officer May 2008
    -
    Edward James Chung Chief Executive Officer
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    Paul Jobbins Chief Financial Officer
    -
    Stuart MacDonald Chief Operating Officer (Acting) Executive Vice President New Engineering
    -
    David Cope Executive Vice President Consulting
    -
    Maree Gallagher Executive Vice President People & Culture
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    Richard Nicol Executive Vice President Products
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    Daniel Sultana Executive Vice President SaaS Platform
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    Ben Malpass Executive Vice President Sales
    -
    Brock Douglas Executive Vice President Scientia
    -
    Leo Hanna Executive Vice President United Kingdom
    -
    Stephen Kennedy Head of Governance Risk and ComplianceCompany Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    JL Mactaggart Holdings Pty Ltd 1 26,902,500 8.29%
    Masterbah Pty Ltd 1 17,378,500 5.35%
    Selector Funds Mgt (Sydney) 14,263,369 4.39%
    Fundsmith (London) 11,985,359 3.69%
    First Sentier Investors (Sydney) 11,612,362 3.58%
    State Street Global Advisors (Sydney) 9,919,191 3.06%
    Vanguard Group (Philadelphia) 9,823,466 3.03%
    Vinva Investment Management (Sydney) 9,501,181 2.93%
    Hyperion Investor Mgt (Brisbane) 8,905,855 2.74%
    Macquarie Asset Management (Sydney) 8,807,099 2.71%
    BlackRock Investment Management (San Francisco) 8,017,882 2.47%
    Argo Investments (Sydney) 6,784,564 2.09%
    Dimensional Fund Advisors (Sydney) 6,475,186 2.00%
    Wasatch Global Investors (Salt Lake City) 6,380,783 1.97%
    Pendal Group (Sydney) 5,251,394 1.62%
    Acadian Asset Mgt (Boston) 4,862,652 1.50%
    Vanguard Investments (Melbourne) 4,453,718 1.37%
    Walter Scott & Partners (Edinburgh) 4,417,231 1.36%
    Lennox Capital Partners (Sydney) 4,320,745 1.33%
    Mondrian Investment Partners (London) 4,039,282 1.24%

    Profile

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