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BlueScope Steel Announces Lapse of 43,534 Conditional Rights

Story Highlights
  • BlueScope Steel reported that 43,534 conditional rights under code BSLAB have lapsed.
  • The lapse marginally reduces potential future equity and clarifies BlueScope’s outstanding securities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BlueScope Steel Announces Lapse of 43,534 Conditional Rights

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Bluescope Steel ( (AU:BSL) ) has issued an update.

BlueScope Steel Limited has notified the market of a cessation of certain securities, with 43,534 conditional rights (ASX code: BSLAB) lapsing after the conditions attached to them were not satisfied or became incapable of being satisfied as of 12 December 2025. The lapse reduces the pool of potential future equity that could have been issued under these rights, slightly tightening the company’s prospective share capital base and clarifying its outstanding securities structure for investors.

The most recent analyst rating on (AU:BSL) stock is a Hold with a A$31.00 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 an Australian-listed steel producer that manufactures and distributes steel products for construction, infrastructure, automotive and industrial applications. Listed on the ASX under the code BSL, the company operates globally with a focus on coated and painted steel solutions for building and manufacturing markets.

Average Trading Volume: 3,126,085

Technical Sentiment Signal: Buy

Current Market Cap: A$10.71B

For an in-depth examination of BSL stock, go to TipRanks’ Overview page.

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