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Bluescope Steel ( (AU:BSL) ) has issued an update.
BlueScope Steel Limited announced the cessation of 129,243 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic decisions in managing its securities.
The most recent analyst rating on (AU:BSL) stock is a Hold with a A$24.00 price target. To see the full list of analyst forecasts on Bluescope Steel stock, see the AU:BSL Stock Forecast page.
More about Bluescope Steel
BlueScope Steel Limited is a prominent player in the steel industry, primarily engaged in the manufacturing and distribution of steel products. The company focuses on delivering high-quality steel solutions to various markets, including construction, automotive, and manufacturing sectors.
YTD Price Performance: 24.10%
Average Trading Volume: 1,386,060
Technical Sentiment Signal: Buy
Current Market Cap: A$10.05B
See more data about BSL stock on TipRanks’ Stock Analysis page.