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Ama Group Limited Announces Cessation of Securities

Story Highlights
  • Ama Group Limited ceased 3,125,624 performance rights due to unmet conditions.
  • This change in issued capital may impact stakeholder perceptions of Ama Group’s strategies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ama Group Limited Announces Cessation of Securities

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Ama Group Limited ( (AU:AMA) ) has provided an announcement.

Ama Group Limited announced the cessation of certain securities, specifically the lapse of 3,125,624 performance rights. This cessation occurred because the conditions for these securities were not met or became incapable of being satisfied. The announcement reflects a change in the company’s issued capital and may affect stakeholders’ perception of the company’s operational and financial strategies.

The most recent analyst rating on (AU:AMA) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Ama Group Limited stock, see the AU:AMA Stock Forecast page.

More about Ama Group Limited

Average Trading Volume: 7,867,867

Technical Sentiment Signal: Hold

Current Market Cap: A$502.2M

For a thorough assessment of AMA stock, go to TipRanks’ Stock Analysis page.

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