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Austin Engineering ( (AU:ANG) ) has issued an update.
Austin Engineering Limited has notified the market of a change in its issued capital following the expiry of a class of options. A total of 3,950,000 options, carrying an exercise price of $0.35 and due to expire on April 12, 2026, have lapsed unexercised, reducing the pool of potential equity dilution for existing shareholders and slightly simplifying the company’s capital structure.
The most recent analyst rating on (AU:ANG) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Austin Engineering stock, see the AU:ANG Stock Forecast page.
More about Austin Engineering
Austin Engineering Limited is an Australia-based company listed on the ASX under the code ANG. The company operates in the engineering sector, though this notice focuses on its capital structure rather than detailing its specific products or services or markets served.
YTD Price Performance: -30.08%
Average Trading Volume: 1,576,677
Technical Sentiment Signal: Sell
Current Market Cap: A$102.8M
See more insights into ANG stock on TipRanks’ Stock Analysis page.