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DXN Limited Issues Shares for Debt Restructuring

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DXN Limited Issues Shares for Debt Restructuring

DXN Ltd. ( (AU:DXN) ) has provided an update.

DXN Limited has announced the issuance of 17,457,142 ordinary fully paid shares as part of a debt repayment and facility restructuring agreement with Pure. This move, approved during the company’s Annual General Meeting in November 2024, is aimed at improving DXN’s financial stability and operational flexibility, potentially enhancing its market position and stakeholder confidence.

More about DXN Ltd.

YTD Price Performance: -30.0%

Average Trading Volume: 358,793

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$11.81M

Find detailed analytics on DXN stock on TipRanks’ Stock Analysis page.

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