Extracted Insight: ASX Ltd announced higher technology‑driven spending, raising FY2027 capex to A$180‑200 million (up from A$160‑180 million) and introducing FY2028 capex guidance of A$170‑190 million. It forecast FY2027 total expense growth of 18‑21%, lowered its medium‑term ROE target to 12‑14% (from 12.5‑14%), and said dividend payouts will stay at the lower end of its 75‑85% payout‑ratio for the next two dividends. FY26 operating revenue rose 12.5% to A$1.03 billion, supported by strong trading and derivatives volumes. The higher spending is linked to technology modernisation, CHESS platform upgrades and the expanded “Accelerate Program” following an ASIC inquiry.
