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The latest update is out from Bendigo & Adelaide Bank ( (AU:BEN) ).
Bendigo & Adelaide Bank Limited has announced the application for the quotation of new securities on the Australian Securities Exchange (ASX). This move involves the issuance of 763 ordinary fully paid securities under an employee incentive scheme, which are not subject to transfer restrictions. This announcement could potentially impact the company’s market operations by enhancing employee engagement and aligning their interests with shareholders, thereby strengthening its position in the competitive financial services sector.
The most recent analyst rating on (AU:BEN) stock is a Buy with a A$12.20 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, primarily offering banking products and services. The company focuses on providing a range of financial solutions including personal and business banking, wealth management, and investment services in the Australian market.
Average Trading Volume: 1,599,680
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$6.98B
For a thorough assessment of BEN stock, go to TipRanks’ Stock Analysis page.