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An announcement from Redbubble ( (AU:ATG) ) is now available.
Articore Group Limited has issued 9,300,000 fully paid ordinary shares to its Employee Share Trust, as announced under section 708A(5)(e) of the Corporations Act 2001. This move, made without investor disclosure under Part 6D.2 of the Act, indicates the company’s compliance with relevant legal provisions and suggests a strategic step to incentivize employees, potentially impacting its operational dynamics and stakeholder interests.
The most recent analyst rating on (AU:ATG) stock is a Hold with a A$0.41 price target. To see the full list of analyst forecasts on Redbubble stock, see the AU:ATG Stock Forecast page.
More about Redbubble
Articore Group, formerly known as Redbubble Limited, operates leading global online marketplaces Redbubble.com and TeePublic.com. These platforms enable a community of creatives to sell unique designs on various products like apparel, stationery, housewares, bags, and wall art, allowing independent artists to profit from their creativity and connect with a broad audience.
Average Trading Volume: 464,666
Technical Sentiment Signal: Sell
Current Market Cap: A$86.34M
Learn more about ATG stock on TipRanks’ Stock Analysis page.