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Codan Limited Announces Quotation of New Securities

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Codan Limited Announces Quotation of New Securities

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

Codan Limited announced the quotation of 118,411 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This move is expected to enhance employee engagement and align their interests with the company’s growth, potentially strengthening Codan’s market position.

The most recent analyst rating on (AU:CDA) stock is a Hold with a A$29.60 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 sector, focusing on the development and distribution of electronic solutions, including communications, metal detection, and mining technology. The company serves a diverse range of markets, providing innovative products that enhance operational efficiency and safety.

Average Trading Volume: 389,979

Technical Sentiment Signal: Buy

Current Market Cap: A$5.56B

For a thorough assessment of CDA stock, go to TipRanks’ Stock Analysis page.

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