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Aussie Broadband Issues New Shares Under Subscription Agreement

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Aussie Broadband Issues New Shares Under Subscription Agreement

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Aussie Broadband Ltd. ( (AU:ABB) ) has issued an update.

Aussie Broadband Ltd. has issued 5,876,944 fully paid ordinary shares as part of a Subscription Agreement with More Telecom Pty Ltd. This move, announced on August 25, 2025, aligns with the company’s compliance with the Corporations Act, indicating a strategic expansion or partnership effort that could impact its market positioning and stakeholder interests.

The most recent analyst rating on (AU:ABB) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Aussie Broadband Ltd. stock, see the AU:ABB Stock Forecast page.

More about Aussie Broadband Ltd.

Aussie Broadband Ltd. operates in the telecommunications industry, providing internet services and related products primarily focused on the Australian market.

Average Trading Volume: 763,400

Technical Sentiment Signal: Buy

Current Market Cap: A$1.28B

Find detailed analytics on ABB stock on TipRanks’ Stock Analysis page.

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