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Generation Development Group Issues Shares to Directors Post-Approval

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Generation Development Group Issues Shares to Directors Post-Approval

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Generation Development Group Limited ( (AU:GDG) ) has shared an update.

Generation Development Group Limited has issued 61,182 fully paid ordinary shares to entities associated with directors Rob Coombe and Christine Christan, following shareholder approval at the Annual General Meeting. This issuance is part of the company’s strategic actions related to its acquisition of Lonsec Holdings Pty Ltd, reflecting its ongoing efforts to integrate and leverage acquired assets for enhanced operational and market positioning.

The most recent analyst rating on (AU:GDG) stock is a Buy with a A$7.50 price target. To see the full list of analyst forecasts on Generation Development Group Limited stock, see the AU:GDG Stock Forecast page.

More about Generation Development Group Limited

Generation Development Group Limited operates in the financial services industry, focusing on investment solutions and financial products. The company is known for its strategic acquisitions and partnerships, enhancing its market presence and service offerings.

Average Trading Volume: 1,967,848

Technical Sentiment Signal: Buy

Current Market Cap: A$2.53B

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

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