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Cedar Woods Expands Share Issuance to Support Growth Strategy

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Cedar Woods Expands Share Issuance to Support Growth Strategy

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The latest announcement is out from Cedar Woods Properties Limited ( (AU:CWP) ).

Cedar Woods Properties Limited has issued 411,017 fully paid ordinary shares under the FY2023 Long Term Incentive Plan and 30,069 shares under the FY2024 Deferred Short Term Incentive Plan without a disclosure document, in compliance with relevant sections of the Corporations Act 2001. This move is part of the company’s strategy to enhance its land portfolio and explore significant growth opportunities, reflecting its ongoing commitment to expanding its business operations.

The most recent analyst rating on (AU:CWP) stock is a Buy with a A$8.75 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, primarily targeting the Australian market.

Average Trading Volume: 102,292

Technical Sentiment Signal: Buy

Current Market Cap: A$623.8M

Find detailed analytics on CWP stock on TipRanks’ Stock Analysis page.

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