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Althea Group Quotes New Securities to Boost Growth

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Althea Group Quotes New Securities to Boost Growth

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Althea Group Holdings Ltd. ( (AU:AGH) ) has issued an announcement.

Althea Group Holdings Ltd has announced the quotation of 1,170,933 ordinary fully paid securities on the ASX, with an issue date of May 28, 2024. This move, part of an employee incentive scheme, indicates the company’s strategic efforts to enhance employee engagement and align interests with shareholders, potentially strengthening its market position and operational growth.

More about Althea Group Holdings Ltd.

Althea Group Holdings Ltd operates in the pharmaceutical industry, primarily focusing on the development and distribution of medicinal cannabis products. The company targets the growing market of medical cannabis users, providing high-quality cannabis-based therapies.

YTD Price Performance: 13.33%

Average Trading Volume: 573,781

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$13.78M

See more insights into AGH stock on TipRanks’ Stock Analysis page.

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