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Coles Group Announces Cessation of Performance Rights

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Coles Group Announces Cessation of Performance Rights

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An update from Coles Group ( (AU:COL) ) is now available.

Coles Group Limited announced the cessation of 65,188 performance rights due to the lapse of conditional rights that could not be satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting the company’s ongoing adjustments to its securities management.

The most recent analyst rating on (AU:COL) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Coles Group stock, see the AU:COL Stock Forecast page.

More about Coles Group

Coles Group Limited is a major Australian retailer, primarily engaged in the supermarket industry. The company focuses on providing a wide range of grocery products and services to consumers across Australia, positioning itself as a key player in the retail market.

Average Trading Volume: 2,791,439

Technical Sentiment Signal: Buy

Current Market Cap: A$28.23B

For an in-depth examination of COL stock, go to TipRanks’ Overview page.

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