Chorus Limited (CNU)

NZX-listed Communication Services company — share price, dividends, financials, board of directors and governance score.

Chorus Limited (NZX:CNU) last traded at $8.15 on 11 Nov 2026, a market capitalisation of $3.50B NZD, a board of 8 directors chaired by Andrew Mark Cross and a Governance Risk Score of 83/100.

Chorus is New Zealand's largest telecommunications infrastructure company, owning and operating the national fiber optic network reaching over 1.9 million premises across urban and provincial New Zealand.

Share price
$8.15+0.74%
Market cap
$3.50BNZD
Dividend yield
7.36%trailing 12m
Return on equity
0.7%
Governance score
83/100Excellent
Board size
888% independent
Last dividend
36.00cFY2026

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Held by NZ managed funds

Sub-substantial fund positions — invisible in NZX SSH data, visible here. Sourced from each fund's Quarterly Fund Update on the FMA Disclose register.

Funds holding CNU
1
Distinct managers
1
Heaviest weight
4.68%
Fund% of fund NAV
Harbour — NZ Index Shares4.68%

Full breakdown and coverage

Chorus Limited board of directors

8 current directors, 88% independent, average tenure 3.1 years.

DirectorRoleIndependentAppointedTenureCommittees
Andrew Mark CrossChairYes20224.0 yrs—
Mark AueExecutive DirectorNo20242.6 yrs—
Neal BarclayIndependent DirectorYes20242.2 yrsAudit and Risk Committee
Miriam DeanIndependent DirectorYes20215.0 yrsPeople and Remuneration Committee
Kate JorgensenIndependent DirectorYes20233.5 yrsAudit and Risk Committee, People and Remuneration Committee
Paul Robert Thomas ReidIndependent DirectorYes20260.1 yrs—
Susan Michelle Bailey (Sue)Independent DirectorYes20233.5 yrsAudit and Risk Committee
Will IrvingIndependent DirectorYes20224.0 yrsAudit and Risk Committee, People and Remuneration Committee

CNU governance score breakdown

Chorus Limited scores 83/100 (Excellent) on the NZXplorer Governance Risk Score for FY2026, based on 73% data coverage. See the GRS methodology.

Board structure
23/25
Shareholder rights
20/20
Executive remuneration
3/10

CNU dividends

The most recent Chorus Limited dividend on record is 36.00 cents per share, for FY2026 (final), 0% imputed, ex-dividend 14 Sept 2026, paid 6 Oct 2026.

Chorus Limited largest shareholders

Top 10 registered holders of CNU as disclosed for FY2025. Registry holdings include custodians and nominees, which may hold on behalf of many underlying investors.

#HolderHolding
1Citicorp Nominees Pty Limited11.95%
2JP Morgan Nominees Australia Limited11.39%
3BNP Paribas Nominees Pty Ltd <Agency Lending A/C>11.39%
4HSBC Custody Nominees (Australia) Limited10.42%
5BNP Paribas Nominees (NZ) Limited – NZCSD <BPSS40>4.92%
6BNP Paribas Noms Pty Ltd4.08%
7Citibank Nominees (New Zealand) Limited – NZCSD <CNOM90>3.04%
8HSBC Nominees (New Zealand) Limited – NZCSD <HKBN90>2.51%
9Forsyth Barr Custodians Limited <1-Custody>2.37%
10Custodial Services Limited <A/C 4>2.11%

Recent CNU NZX announcements

The 10 most recent filings by Chorus Limited to the NZX.

Chorus Limited (CNU) — frequently asked questions

What does Chorus Limited do?

Chorus is New Zealand's largest telecommunications infrastructure company, owning and operating the national fiber optic network reaching over 1.9 million premises across urban and provincial New Zealand. Chorus Limited is listed on the NZX under the ticker CNU, in the Communication Services sector.

What is the Chorus Limited (CNU) share price?

Chorus Limited (NZX:CNU) shares closed at $8.15 on 11 November 2026, up 0.74% on the previous close. At that price its market capitalisation was about $3.54 billion, based on 433,887,294 shares on issue as at 30 June 2025.

Who are the directors of Chorus Limited?

Chorus Limited has 8 current directors: Andrew Mark Cross (Chair), Mark Aue (Executive Director), Neal Barclay (Independent Director), Miriam Dean (Independent Director), Kate Jorgensen (Independent Director), Paul Robert Thomas Reid (Independent Director), Susan Michelle Bailey (Sue) (Independent Director) and Will Irving (Independent Director). 7 of the 8 are recorded as independent (88%). Average board tenure is 3.1 years.

Who is the chair of Chorus Limited?

Andrew Mark Cross chairs the Chorus Limited board, and has been a director since 2022.

Who is the CEO of Chorus Limited?

Mark Aue is the Chief Executive Officer of Chorus Limited.

What was Chorus Limited's most recent dividend?

The most recent Chorus Limited dividend on record is 36.00 cents per share for FY2026 (final), 0% imputed, ex-dividend 14 September 2026, paid 6 October 2026.

What is Chorus Limited's dividend yield?

Chorus Limited's trailing 12-month dividend yield is 7.36%, as at 11 November 2026. That is 60.00 cents per share of ordinary dividends with an ex-date in the 12 months to 12 November 2026, divided by the 11 November 2026 closing price of $8.15. Special dividends are excluded.

Who are the largest shareholders of Chorus Limited?

The largest registered holder of CNU shares in the FY2025 top-20 register was Citicorp Nominees Pty Limited, with 11.95%, followed by JP Morgan Nominees Australia Limited (11.39%) and BNP Paribas Nominees Pty Ltd <Agency Lending A/C> (11.39%). Custodians and nominees on the register hold shares on behalf of other investors.

What is Chorus Limited's governance score?

Chorus Limited has an NZXplorer Governance Risk Score of 83/100 (Excellent) for FY2026, based on 73% data coverage.

When was the last Chorus Limited annual meeting?

The most recent Chorus Limited annual meeting on record was held on 4 November 2026.

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