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Codan Limited Announces Cessation of Performance Rights

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Codan Limited Announces Cessation of Performance Rights

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Codan Limited ( (AU:CDA) ) has issued an announcement.

Codan Limited announced the cessation of 7,244 performance rights due to unmet conditions, impacting its issued capital. This development may affect the company’s financial structuring and stakeholder interests, highlighting a potential reevaluation of performance metrics and conditions for future securities.

The most recent analyst rating on (AU:CDA) stock is a Hold with a A$32.00 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.

More about Codan Limited

Codan Limited operates in the technology industry, focusing on the development and production of innovative electronics solutions. The company is known for its high-quality communication, metal detection, and mining technology products, serving a global market with a strong emphasis on reliability and performance.

YTD Price Performance: 94.36%

Average Trading Volume: 453,231

Technical Sentiment Signal: Buy

Current Market Cap: A$5.61B

See more data about CDA stock on TipRanks’ Stock Analysis page.

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