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Bendigo & Adelaide Bank to Quote New Securities on ASX

Story Highlights
  • Bendigo & Adelaide Bank operates in the financial services industry, offering banking products in Australia.
  • The bank will quote 1,419 new securities on the ASX, enhancing employee engagement and shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bendigo & Adelaide Bank to Quote New Securities on ASX

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The latest update is out from Bendigo & Adelaide Bank ( (AU:BEN) ).

Bendigo & Adelaide Bank Limited has announced the application for quotation of 1,419 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code BEN. These securities are issued under an employee incentive scheme and are not subject to transfer restrictions, indicating the bank’s commitment to employee engagement and potential growth in shareholder value.

The most recent analyst rating on (AU:BEN) stock is a Hold with a A$10.80 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, offering a range of banking products and services. The company focuses on providing personal and business banking solutions, including loans, credit, and investment services, primarily within the Australian market.

YTD Price Performance: -2.68%

Average Trading Volume: 1,135,435

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$7.03B

For detailed information about BEN stock, go to TipRanks’ Stock Analysis page.

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