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| Company type | Public |
|---|---|
| ASX: CPU | |
| Industry | Financial services |
| Founded | 1978; 47 years ago (1978) |
| Headquarters | , Australia |
Number of employees | 14,000[1] |
| Website | computershare |
Computershare Limited is an Australianstock transfer company that providescorporate trust, stock transfer, andemployee share plan services in many countries.
The company currently has offices in 20 countries, includingAustralia, theUnited Kingdom,Ireland, theUnited States,Canada, theChannel Islands,South Africa,Hong Kong,New Zealand,Germany, andDenmark.
Computershare Limited was founded in 1978 inMelbourne,Australia, and has grown largely through overseas acquisitions.
In 1997, the Australian-based Computershare expanded its registry business to include financial markets inNew Zealand and theUnited Kingdom[2] and acquired theRoyal Bank of Scotland's registrar department. In subsequent years, it expanded its business into Ireland, India, South Africa, and Hong Kong.
Computershare and the firm SETL began collaborating on a blockchain project in 2016.[3] In Nov. 2017, Georgeson LLC, a unit of Computershare Ltd, paid $ 45 million to resolve claims by US prosecutors that it had used bribes to obtain confidential information.[4] The Louisville office of Computershare had 650 employees in May 2018.[5] In Nov. 2018, the chairman of Computershare was Simon Jones. Stuart Irving was CEO.[6]
In February 2023, Computershare called for an investigation into the exchangeASX for an alleged conflict of interest concerning the CHESS project, which had collapsed in November 2022.[7]
In 2004, Computershare acquired the stock transfer sectors ofHarris Bank andMontreal Trust and purchased the German-based Pepper Technologies AG.[8] Since 2004, Computershare has acquired registry companies in Russia and India.[2]
In 2005, the company acquired Equiserve.[9][10]
In 2006 the company bought the shareholder management services fromNational Bank of Canada.[11]
In July 2007, Computershare acquired Datacare Software Group and its products GCM and Boardworks.[12] Currently known as Computershare Governance Services and its main product GEMS.
In February 2008, Computershare announced a cash takeover offer for Australian mailhouse group QM Technologies Limited.[13]
In September 2008, Computershare bought Lichfield based Childcare Voucher Services business called Busy Bees.[14] The name has been re-branded to Computershare Voucher Services or CVS.
In February 2010, Computershare acquired HBOS Employee Equity Solutions from Lloyds Banking Group for a sum of around £40m.[15]
In January 2012, Computershare acquired Shareowner Services (Stock Transfer Sector) fromBank of New York Mellon (BNYM) for a sum of around $550 Million.[16]
In June 2013, Computershare Limited completed the acquisition of the EMEA–based portion of Morgan Stanley's Global Stock Plan Services business.[17]
On 12 November 2018, it completed acquisition of Equatex Group Holding AG, formerly European shares plan business ofUBS.[18] The deal had been announced on 16 May 2018.[19]
On March 23, 2021, Computershare acquired Wells Fargo Corporate Trust business for $750 million[20] in the United States.[21]
The company acquired SunDoc Filings inSacramento, California in May 2023. Computershare Governance Services at that time was a subsidiary of Computershare Ltd., which was based in Melbourne, and was still traded on theAustralian Securities Exchange and had 14,000 employees. It also had operations in around 20 countries after various acquisitions.[22] In October 2023, the company sold its mortgage services unit toRithm Capital[23] in the U.S. for US$ 720 mln.[24][25]
On April 25, 2024, Computershare announced that it had agreed to acquire BNY Trust Company of Canada, the Canadiancorporate trust division ofBNY Mellon.[26][27]
In December 2015, theCentral Bank of Ireland reprimanded and fined Computershare €322,500 for a number of breaches of the law related to the certainty of ownership of client assets.[28]
