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Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ) has issued an update.
Amcor has filed a preliminary prospectus supplement with the US SEC for the issuance of guaranteed senior notes through Amcor UK Finance plc. These notes, which will be listed on the NYSE, are part of Amcor’s strategy to strengthen its financial position and enhance its market presence. The issuance involves a high degree of risk, and the notes will be unsecured obligations, ranking equally with other unsecured obligations of Amcor UK.
The most recent analyst rating on (AU:AMC) stock is a Buy with a A$18.46 price target. To see the full list of analyst forecasts on Amcor PLC Shs Chess Depository Interests stock, see the AU:AMC Stock Forecast page.
More about Amcor PLC Shs Chess Depository Interests
Amcor is a global leader in developing and producing responsible consumer packaging and dispensing solutions across various materials for nutrition, health, beauty, and wellness categories. The company focuses on sustainability and innovation, offering flexible packaging, rigid packaging, cartons, and closures. With over 75,000 employees, Amcor generates $23 billion in annualized sales from operations in more than 40 countries.
Average Trading Volume: 4,265,345
Technical Sentiment Signal: Sell
Current Market Cap: A$29.83B
For an in-depth examination of AMC stock, go to TipRanks’ Overview page.