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An update from Cedar Woods Properties Limited ( (AU:CWP) ) is now available.
Cedar Woods Properties Limited has issued over 2.1 million ordinary fully paid shares at $7.42 per share as part of its FY25 final dividend distribution. This issuance includes shares allocated to existing shareholders through the Dividend Reinvestment Plan and Bonus Share Plan, as well as underwritten shares through an agreement with Euroz Hartleys, Bell Potter, and Shaw and Partners. This strategic move is aimed at strengthening the company’s financial position and enhancing shareholder value, reflecting its commitment to growth and stability in the competitive real estate market.
The most recent analyst rating on (AU:CWP) stock is a Buy with a A$9.35 price target. To see the full list of analyst forecasts on Cedar Woods Properties Limited stock, see the AU:CWP Stock Forecast page.
More about Cedar Woods Properties Limited
Cedar Woods Properties Limited operates in the real estate industry, focusing on property development and investment. The company is known for its residential, commercial, and retail projects across Australia, catering to a diverse market segment.
Average Trading Volume: 263,678
Technical Sentiment Signal: Buy
Current Market Cap: A$701.8M
For detailed information about CWP stock, go to TipRanks’ Stock Analysis page.