Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Brickworks Ltd ( (AU:BKW) ).
Brickworks Limited and Washington H. Soul Pattinson and Company Limited have announced the successful approval of their respective share schemes by shareholders, paving the way for their proposed combination. This strategic move is expected to enhance their market positioning and operational synergies, with the final legal steps pending court approval. The combination will result in the suspension of their shares from trading and the commencement of trading for the new entity, Topco, which is anticipated to have significant implications for stakeholders, including share exchanges for current shareholders.
The most recent analyst rating on (AU:BKW) stock is a Hold with a A$34.25 price target. To see the full list of analyst forecasts on Brickworks Ltd stock, see the AU:BKW Stock Forecast page.
More about Brickworks Ltd
Brickworks Limited operates in the construction materials industry, primarily focusing on the production and distribution of building products. The company is known for its extensive range of bricks, masonry, and other construction materials, catering to both residential and commercial markets.
Average Trading Volume: 205,658
Technical Sentiment Signal: Buy
Current Market Cap: A$5.46B
Learn more about BKW stock on TipRanks’ Stock Analysis page.