Big River Industries Ltd. (AU:BRI) has released an update.
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Big River Industries Limited has announced the issuance of 1,785,714 new ordinary shares following the completion of the acquisition of Specialised Laminators. This move, initially announced on March 18, 2024, saw the number of shares determined by the 10-day volume weighted average share price prior to the acquisition’s completion on May 1, 2024. Investors are taking note as Big River Industries expands its market footprint with this strategic acquisition.
For further insights into AU:BRI stock, check out TipRanks’ Stock Analysis page.