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Calix Ltd. ( (AU:CXL) ) has provided an announcement.
Calix Limited has issued 516,667 new fully paid ordinary shares in lieu of Directors’ Fees, following approval at its 2025 Annual General Meeting. This move aligns with the company’s compliance with relevant accounting and disclosure requirements, reinforcing its commitment to transparency and operational efficiency. The issuance of shares without disclosure under Part 6D.2 of the Corporations Act reflects Calix’s strategic financial management, potentially impacting its financial structure and stakeholder interests.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.61 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
More about Calix Ltd.
Calix Limited is an environmental technology company focused on industrial decarbonisation and sustainability. It utilizes a patented core platform technology for efficient metals and minerals processing and capturing industrial emissions. Calix targets industries such as cement, steel, alumina, and critical minerals, and is involved in direct air capture of carbon dioxide and sustainable product production.
Average Trading Volume: 362,037
Technical Sentiment Signal: Hold
Current Market Cap: A$123.7M
Learn more about CXL stock on TipRanks’ Stock Analysis page.