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APA Group Faces Securityholder Resolutions and Climate Risk Assessment

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APA Group Faces Securityholder Resolutions and Climate Risk Assessment

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An announcement from APA Group ( (AU:APA) ) is now available.

APA Group has received securityholder resolutions for consideration at its upcoming Annual Meeting, with the resolutions representing a small fraction of the company’s issued securities. The resolutions include proposed amendments to the constitutions of APA Infrastructure Trust and APA Investment Trust, allowing holders to express opinions or request information on trustee powers. Additionally, a resolution on climate risk safeguarding requests APA to publish a report analyzing the alignment of its capital expenditure with its climate commitments, including emissions estimates and reduction plans.

The most recent analyst rating on (AU:APA) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on APA Group stock, see the AU:APA Stock Forecast page.

More about APA Group

APA Group is a leading energy infrastructure business listed on the Australian Securities Exchange (ASX). It owns, manages, and operates a diverse portfolio valued at $27 billion, including gas, electricity, solar, and wind assets. APA plays a crucial role in Australia’s energy sector by delivering around half of the nation’s domestic gas through its extensive network of pipelines, and it also invests in electricity transmission and power generation assets across the country.

Average Trading Volume: 2,773,538

Technical Sentiment Signal: Buy

Current Market Cap: A$11.18B

See more data about APA stock on TipRanks’ Stock Analysis page.

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