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Beacon Lighting Group Ltd ( (AU:BLX) ) has shared an announcement.
Beacon Lighting Group Ltd has announced the quotation of 686,086 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code BLX. This move is part of a dividend or distribution plan and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by improving the trading volume and visibility of the company’s shares.
The most recent analyst rating on (AU:BLX) stock is a Buy with a A$3.85 price target. To see the full list of analyst forecasts on Beacon Lighting Group Ltd stock, see the AU:BLX Stock Forecast page.
More about Beacon Lighting Group Ltd
Beacon Lighting Group Ltd operates in the lighting industry, focusing on providing a wide range of lighting products and solutions. The company is known for its extensive selection of lighting fixtures, bulbs, and related accessories, catering to both residential and commercial markets.
Average Trading Volume: 88,241
Technical Sentiment Signal: Buy
Current Market Cap: A$754.6M
For detailed information about BLX stock, go to TipRanks’ Stock Analysis page.