Treasury Wine Estates 2026 AGM: Chairman Flags RNDC Bankruptcy Impact, Ascent Transformation Plan and F26 Dividend Suspension

Treasury Wine Estates (ASX:TWE) addressed shareholders at its 2026 Annual General Meeting on 15 October 2026, with Chairman John Mullen outlining the key factors that weighed on the company during the F26 fiscal year, including the bankruptcy of its largest US distributor RNDC, a sharp drop in Penfolds depletions in China, and the subsequent suspension of the F26 dividend.