Austal ( (AU:ASB) ) has issued an update.
Austal Limited has received a notice from HAA No.1 Pty Ltd, related to the Australian Takeovers Panel Guidance Note 20 on equity derivatives. This announcement, approved by Austal’s CEO, highlights the company’s ongoing regulatory compliance and its strategic positioning in the global shipbuilding industry.
More about Austal
Austal is a global shipbuilder and defense prime contractor based in Australia, known for designing, constructing, and sustaining advanced commercial and defense vessels. With over 35 years of operations, Austal has delivered more than 350 vessels to 122 operators in 59 countries. It is Australia’s largest defense exporter and the first ASX-listed shipbuilder, with shipyards in Australia, the USA, the Philippines, and Vietnam.
YTD Price Performance: 70.05%
Average Trading Volume: 6,220
Technical Sentiment Signal: Sell
Current Market Cap: $1.41B
See more data about ASB stock on TipRanks’ Stock Analysis page.