The tollroad group has flagged more share buybacks and special dividends to boost its share price, which plunged following the acquisition of Chicago Skyway in 2022.
Shares of toll road operator Atlas Arteria fell 5% to hit their lowest in over 16 months on Thursday on fears that its French motorway might be hit with a new annual tax after the government there.
The tollroad group has been able to push through big increases in fares but has warned its lucrative French road could be more heavily regulated in future.
Australia is “better placed” than many other countries to withstand a slowdown in economic growth, Transurban’s boss said as he forecast that traffic on the company’s toll roads would keep going up after a strong third quarter.