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Catapult Group International ( (AU:CAT) ) has shared an announcement.
Catapult Sports Ltd has notified the market of the issue of 946,304 new fully paid ordinary shares following the conversion or exercise of previously unquoted securities. The new shares, dated 10 July 2025, reflect the crystallisation of existing equity arrangements rather than a fresh capital raise, modestly increasing the company’s share base and potentially signalling the vesting of management or employee incentives that align internal stakeholders with future company performance.
The most recent analyst rating on (AU:CAT) stock is a Buy with a A$6.25 price target. To see the full list of analyst forecasts on Catapult Group International stock, see the AU:CAT Stock Forecast page.
More about Catapult Group International
Catapult Sports Ltd, listed on the ASX under the code CAT, operates in the sports technology and analytics industry, providing performance-tracking and data solutions to professional and elite sports teams globally.
YTD Price Performance: 16.44%
Average Trading Volume: 2,346,704
Technical Sentiment Signal: Buy
Current Market Cap: A$1.3B
For a thorough assessment of CAT stock, go to TipRanks’ Stock Analysis page.