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Downer EDI Limited Announces Cessation of Performance Rights

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Downer EDI Limited Announces Cessation of Performance Rights

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An update from Downer EDI Limited ( (AU:DOW) ) is now available.

Downer EDI Limited announced the cessation of 669,470 performance rights due to unmet conditions, impacting the company’s issued capital. This development may affect stakeholders’ perceptions of the company’s performance and its ability to meet set conditions, potentially influencing market confidence.

The most recent analyst rating on (AU:DOW) stock is a Hold with a A$7.50 price target. To see the full list of analyst forecasts on Downer EDI Limited stock, see the AU:DOW Stock Forecast page.

More about Downer EDI Limited

Downer EDI Limited operates in the engineering and infrastructure management services industry, providing integrated services in Australia and New Zealand. The company focuses on delivering services across sectors such as transport, utilities, facilities, and engineering, construction, and maintenance.

Average Trading Volume: 1,189,727

Technical Sentiment Signal: Buy

Current Market Cap: A$4.92B

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

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