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Guzman y Gomez to Release Shares from Voluntary Escrow

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Guzman y Gomez to Release Shares from Voluntary Escrow

An update from Guzman y Gomez Ltd. ( (AU:GYG) ) is now available.

Guzman y Gomez Ltd. has announced the anticipated release of 15,427,845 fully paid ordinary shares and unquoted options from voluntary escrow, contingent upon meeting a specific volume weighted average price condition. This release is expected to enhance the company’s liquidity and potentially impact its market positioning, as the shares are set to be available for trading on 10 March 2025.

More about Guzman y Gomez Ltd.

Guzman y Gomez Ltd. operates in the fast-casual dining industry, primarily offering Mexican cuisine. The company is known for its focus on providing high-quality, authentic Mexican food and has a significant presence in the Australian market.

YTD Price Performance: -14.72%

Average Trading Volume: 220,286

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$3.51B

For an in-depth examination of GYG stock, go to TipRanks’ Stock Analysis page.

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