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Amcor PLC Reports Increase in CDIs Reflecting Strategic Capital Adjustments

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Amcor PLC Reports Increase in CDIs Reflecting Strategic Capital Adjustments

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Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ) has shared an announcement.

Amcor PLC announced a net increase of 47,059,000 Chess Depository Interests (CDIs) issued over quoted securities, reflecting transmutations between CDIs quoted on the ASX and shares quoted on the NYSE. This adjustment in securities is indicative of the company’s ongoing strategy to optimize its capital structure and enhance liquidity for its stakeholders.

The most recent analyst rating on (AU:AMC) stock is a Buy with a A$19.00 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 range of packaging solutions primarily for food, beverage, pharmaceutical, medical, home, and personal care products. The company is known for its innovative packaging solutions and has a significant market presence across various regions.

Average Trading Volume: 3,420,680

Technical Sentiment Signal: Hold

Current Market Cap: A$33.08B

For detailed information about AMC stock, go to TipRanks’ Stock Analysis page.

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