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Challenger ( (AU:CGF) ) has provided an update.
Challenger Limited has announced the issuance of 265,790 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code CGF. This move is part of a dividend or distribution plan, potentially impacting the company’s market presence by increasing its available securities and providing more investment opportunities for stakeholders.
The most recent analyst rating on (AU:CGF) stock is a Hold with a A$8.50 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
More about Challenger
Average Trading Volume: 2,659,111
Technical Sentiment Signal: Buy
Current Market Cap: A$6.02B
Learn more about CGF stock on TipRanks’ Stock Analysis page.