TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ) has shared an announcement.
Amcor PLC announced a net decrease in the number of Chess Depository Interests (CDIs) issued over quoted securities, with a reduction of 2,335,441 CDIs from the previous month. This change is attributed to net transfers of securities between CDIs and common shares as quoted on the New York Stock Exchange (NYSE). Additionally, there was a notable decrease in the number of options and share rights, reflecting a net difference due to grants, distributions, and expiries. These changes indicate a strategic adjustment in the company’s securities management, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:AMC) stock is a Hold with a A$13.60 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 PLC is a global packaging company that operates in the packaging industry, providing a wide range of packaging solutions primarily for food, beverage, pharmaceutical, medical, home, and personal care products. The company is focused on innovation and sustainability in its product offerings, serving a diverse market with a significant presence in both developed and emerging markets.
Average Trading Volume: 4,187,712
Technical Sentiment Signal: Sell
Current Market Cap: A$27.78B
For detailed information about AMC stock, go to TipRanks’ Stock Analysis page.