Business

Domino's Pizza CEO Don Meij said the buyback would increase earnings per share.

Domino's quizzed over $300m share buyback

Domino's Pizza has faced tough questions over a $300 million share buyback it had hoped would be a sweetener for shareholder on a day that otherwise wreaked havoc on their investments.

Domino's said issues in France were behind the disappointing result.

$1b wiped off Domino's shares in minutes

Domino's Pizza has suffered an investor savaging that saw its share price plunge more than 20 per cent after it failed to meet its own targets for profit and predicted softer growth in the coming year.

REA Group said profit from its core business jumped 12 per cent.

Asian property slump hits REA Group

Weakness in Asian property markets has blown in hole in REA Group's full-year profit, even as the property listing business posted strong growth in its core Australian operations.