tiprankstipranks
Genex Power Acquired by J-POWER, Trading Suspended
Company Announcements

Genex Power Acquired by J-POWER, Trading Suspended

Genex Power Ltd. (AU:GNX) has released an update.

Don't Miss our Black Friday Offers:

Genex Power Limited has announced that its acquisition by J-POWER is now effective following the Supreme Court of New South Wales’ approval. Shareholders will receive A$0.275 in cash for each share they hold as of the Scheme Record Date, with the implementation set for 31 July 2024. Trading of Genex shares on the ASX will be suspended from the close of trading today, marking a significant transition for the company.

For further insights into AU:GNX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskGenex Director’s Options Cancelled Amid Acquisition
TipRanks Australian Auto-Generated NewsdeskGenex Director’s Share Options Cancelled
TipRanks Australian Auto-Generated NewsdeskGenex Director’s Shareholding Structure Altered
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App