Beamtree Holdings Issues New Shares in Compliance with Corporations Act

Beamtree Holdings Ltd ( (AU:BMT) ) has shared an announcement.

Beamtree Holdings Limited has announced the issuance of 375,000 fully paid ordinary shares without disclosure to investors under Part 6D.2 of the Corporations Act. This move is in compliance with relevant provisions of the Corporations Act, and there is no excluded information as per sections 708A(7) and 708A(8). This announcement reflects Beamtree’s ongoing commitment to adhering to regulatory standards while potentially enhancing its market position and stakeholder value.

The most recent analyst rating on (AU:BMT) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Beamtree Holdings Ltd stock, see the AU:BMT Stock Forecast page.

More about Beamtree Holdings Ltd

Beamtree Holdings Limited is a leading provider of AI decision support and data insights solutions, primarily serving the healthcare industry globally. The company focuses on transforming data into actionable insights through automation, aiming to improve patient outcomes. Beamtree offers a range of analytics across four key product segments: Diagnostic Technology, Clinical Decision Support, Coding Assistance and Data Quality, and Analytics and Knowledge Networks.

Average Trading Volume: 140,329

Technical Sentiment Signal: Buy

Current Market Cap: A$82.59M

Learn more about BMT stock on TipRanks’ Stock Analysis page.