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EnviroSuite Issues New Shares Following Performance Rights Conversion

Story Highlights
  • EnviroSuite issued 424,232 shares after converting employee performance rights.
  • The issuance was made without a prospectus, confirming compliance with the Corporations Act.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EnviroSuite Issues New Shares Following Performance Rights Conversion

Elevate Your Investing Strategy:

EnviroSuite Ltd ( (AU:EVS) ) just unveiled an announcement.

EnviroSuite Ltd has issued 424,232 fully paid ordinary shares following the conversion of performance rights held by an employee. This issuance was made without a prospectus or product disclosure statement, and the company has confirmed compliance with relevant provisions of the Corporations Act. This move reflects EnviroSuite’s ongoing operational activities and compliance, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:EVS) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on EnviroSuite Ltd stock, see the AU:EVS Stock Forecast page.

More about EnviroSuite Ltd

EnviroSuite Ltd operates in the environmental technology industry, providing software solutions that help organizations manage environmental impacts. The company’s primary products focus on environmental monitoring and management, serving a market that includes industries such as aviation, mining, and waste management.

Average Trading Volume: 4,546,539

Technical Sentiment Signal: Hold

Current Market Cap: A$123.1M

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

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