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EnviroSuite Ltd ( (AU:EVS) ) has provided an update.
EnviroSuite Ltd has issued over 16 million fully paid ordinary shares following the conversion of performance rights held by its employees. This move, executed without the need for a prospectus, underscores the company’s adherence to regulatory requirements and reflects its commitment to rewarding employee performance, potentially strengthening its market position and stakeholder confidence.
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 for environmental management. The company focuses on delivering products that help industries monitor and manage environmental impacts, enhancing operational efficiency and compliance with environmental regulations.
Average Trading Volume: 5,839,635
Technical Sentiment Signal: Hold
Current Market Cap: A$130M
For detailed information about EVS stock, go to TipRanks’ Stock Analysis page.