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Endeavour Group Limited Announces Cessation of Securities

Story Highlights
  • Endeavour Group Limited ceased 42,260 share rights and 590,349 performance rights.
  • The cessation reflects operational adjustments and strategic decisions impacting stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Endeavour Group Limited Announces Cessation of Securities

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Endeavour Group Ltd ( (AU:EDV) ) just unveiled an announcement.

Endeavour Group Limited announced the cessation of certain securities, specifically 42,260 share rights and 590,349 performance rights, due to unmet conditions. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic decisions.

The most recent analyst rating on (AU:EDV) stock is a Hold with a A$3.60 price target. To see the full list of analyst forecasts on Endeavour Group Ltd stock, see the AU:EDV Stock Forecast page.

More about Endeavour Group Ltd

Endeavour Group Limited operates in the retail and hospitality industry, focusing on the distribution of alcoholic beverages and hospitality services. The company is a prominent player in the Australian market, offering a wide range of products and services to consumers.

Average Trading Volume: 2,916,854

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$6.64B

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

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