Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Mystate Limited ( (AU:MYS) ) has shared an update.
Auswide Bank Ltd has announced that the proposed scheme of arrangement through which MyState Bank Limited will acquire all fully paid ordinary shares in Auswide is now legally effective. Trading in Auswide shares is expected to be suspended, and eligible shareholders are to receive new MyState shares, impacting the company’s operations and strategic positioning within the financial sector.
More about Mystate Limited
Auswide Bank Ltd, listed on the ASX, is Australia’s tenth and Queensland’s third Australian-owned bank. It transitioned from a building society in 2015 and is an Authorised Deposit-taking Institution supervised by the Australian Prudential Regulation Authority. Auswide Bank provides a wide range of personal and business banking products and services through branches, strategic partnerships, and digital channels.
YTD Price Performance: 2.47%
Average Trading Volume: 176,768
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$507M
See more insights into MYS stock on TipRanks’ Stock Analysis page.
