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Bendigo & Adelaide Bank ( (AU:BEN) ) has issued an update.
Bendigo & Adelaide Bank Limited announced the cessation of 41,664 performance rights due to the conditions for these rights not being met or becoming incapable of being satisfied. This cessation may impact the company’s capital structure and could have implications for stakeholders, reflecting the bank’s ongoing adjustments in its financial strategies.
The most recent analyst rating on (AU:BEN) stock is a Sell with a A$11.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
More about Bendigo & Adelaide Bank
Bendigo & Adelaide Bank Limited operates in the financial services industry, providing a range of banking products and services. The company focuses on retail banking, business banking, and wealth management, primarily serving customers in Australia.
Average Trading Volume: 1,092,254
Technical Sentiment Signal: Buy
Current Market Cap: A$7.48B
Learn more about BEN stock on TipRanks’ Stock Analysis page.