Computershare Ltd CPU.ASX

Computershare Limited is a diverse financial administrator. Founded in 1978, the company provides a wide variety of services including mortgage services, employee equity plans, technology services and communication services. Operating internationally, Computershare is based in Abbotsford, Australia.

Among the services provided by Computershare Limited are issuer, employee share plans and voucher, communication and utilities, business, mortgage and property rental, and technology services. The majority of the company’s revenue is derived from issuer services, including corporate actions, corporate governance, register maintenance, stakeholder relationship management and related services. Computershare’s employee share and voucher services includes administration of employee share and option plans as well as childcare voucher administration services. The company’s business services include corporate trust administration, class action and bankruptcy services.

On 1 November 2021, Computershare announced that it had completed the acquisition of the assets of Wells Fargo Corporate Trust Services. The acquired business and its approximately 2,000 employees across the US became Computershare Corporate Trust. Computershare Corporate Trust is a standalone business within Computershare’s organisation, which provides trust and agency services in connection with debt securities issued by government entities, public and private corporations, and the banking and securities industries. Computershare stock trades under the ticker CPU on the Australian Securities Exchange.

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