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The latest announcement is out from GTN Ltd. ( (AU:GTN) ).
GTN Limited has announced an Extraordinary General Meeting (EGM) to discuss and approve a proposal for an equal capital reduction. The meeting, scheduled for July 29, 2025, aims to return approximately $44 million to shareholders, equating to about $0.23 per share. The Board of Directors unanimously recommends that shareholders vote in favor of this resolution, which is intended to optimize the company’s capital structure.
The most recent analyst rating on (AU:GTN) stock is a Hold with a A$0.55 price target. To see the full list of analyst forecasts on GTN Ltd. stock, see the AU:GTN Stock Forecast page.
More about GTN Ltd.
Average Trading Volume: 75,534
Technical Sentiment Signal: Buy
Current Market Cap: A$124.1M
See more insights into GTN stock on TipRanks’ Stock Analysis page.