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COG Financial Services Limited ( (AU:COG) ) has provided an announcement.
COG Financial Services Limited has successfully acquired an additional 14.1% stake in its salary packaging and novated leasing business, Fleet Network Pty Ltd, bringing its total ownership to 92.4%. This strategic move, effective from October 1, 2025, enhances COG’s control over Fleet Network, potentially strengthening its position in the financial services industry and offering increased value to its stakeholders.
The most recent analyst rating on (AU:COG) stock is a Buy with a A$2.63 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.
More about COG Financial Services Limited
COG Financial Services Limited operates within the financial services industry, focusing on salary packaging and novated leasing through its subsidiary, Fleet Network Pty Ltd. The company is actively expanding its market share in this sector.
Average Trading Volume: 248,123
Technical Sentiment Signal: Buy
Current Market Cap: A$487.3M
For detailed information about COG stock, go to TipRanks’ Stock Analysis page.