Ryman Healthcare offers retirement living and care services in New Zealand and the Australian state of Victoria. If you’d like to buy Ryman Healthcare shares (RYM) on the New Zealand Stock Exchange (NZX), keep reading to find out how.
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Ryman Healthcare Limited is a Christchurch-based provider of retirement living options, including independent and assisted living as well as rest home, hospital and dementia care.
Founded by business partners Kevin Hickman and John Ryder in 1984, Ryman runs 39 retirement villages in New Zealand and Victoria and employs over 6,000 staff.
Ryman Healthcare listed on the NZX in 1999 after raising $25 million. The company aims to double its underlying profits every five years and to distribute 50% of underlying profits to investors and invest the remaining 50% back into the business.
In its 2020 half-year report, Ryman Healthcare Limited revealed the effects of the COVID-19 pandemic on its bottom line. Key results in the report included:
|Name||Ryman Healthcare Limited||Industry||Retirement Living & Care|
|Type||Ordinary shares||Date listed on NZX||29 Jun 1999|
|End of financial year||March||Chief executive officer||Gordon MacLeod|
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