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How to buy Comvita shares (CVT)

Your simple guide to buying CVT shares on New Zealand’s Exchange.

Comvita Limited logo

Comvita Limited is an international natural health products company best known for manuka honey. Shares in the company (CVT) can be traded on the NZX — if you’d like to buy Comvita shares, keep reading for step-by-step instructions.

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How to buy shares in Comvita on the New Zealand Exchange

  1. Compare share trading platforms. If you’re a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table. Most importantly, you need to find a share trading platform that allows you to trade on the NZX.
  2. Open and fund your share trading account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Comvita. Find the stock by name or ticker symbol: CVT. Research its history to confirm it’s a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Comvita reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market’s ups and downs. You may be able to buy a fractional share of Comvita, depending on your share trading account.
  6. Check in on your investment. Congratulations, you own a part of Comvita. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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ASB Securities
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Direct Broking
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Comvita overview and background

Comvita was founded in New Zealand in 1974 by Claude Stratford and Alan Bougen. Headquartered in Paengaroa, the company made a name for itself as a leading producer of UMF® grade manuka honey. However, its range of natural health products also includes olive leaf extract, propolis and more.

Comvita also has global offices in Australia, the UK, the USA, Hong Kong, China, South Korea and Japan.

Performance and company results

In its interim financial results for the six months ended 31 December 2020, Comvita Limited announced the following key results:

  • Net profit after tax of $3.455 million (compared to a loss of $12.97 million in the previous corresponding period)
  • EBITDA of $10.595 million (an increase of over $19 million on the previous corresponding period)
  • Revenue of $98.885 million (compared to $93.854 million in the previous corresponding period)
  • Earnings per share of 4.95 cents

Key details

NameComvita LimitedIndustrySpecialty Healthcare & Drug Manufacturing
Ticker symbolCVTISINNZCVTE0001S7
TypeOrdinary sharesDate listed on NZX14 Nov 2003
End of financial yearJuneChief executive officerDavid Banfield
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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