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EML Payments ( (AU:EML) ) has provided an update.
EML Payments Limited has announced the application for the quotation of new securities on the Australian Securities Exchange (ASX). The company is set to quote a total of 1,492,665 ordinary fully paid securities, issued under an employee incentive scheme, with no restrictions on transfer. This move is likely to enhance EML’s market presence and provide additional liquidity, potentially benefiting stakeholders by aligning employee interests with company performance.
The most recent analyst rating on (AU:EML) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on EML Payments stock, see the AU:EML Stock Forecast page.
More about EML Payments
EML Payments Limited operates in the financial technology industry, focusing on providing payment solutions. The company offers a range of products and services, including prepaid cards, virtual accounts, and payment processing solutions, catering to various market segments such as consumer, business, and government sectors.
Average Trading Volume: 1,474,289
Technical Sentiment Signal: Hold
Current Market Cap: A$401.8M
See more insights into EML stock on TipRanks’ Stock Analysis page.