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Hazer Group Expands Share Issuance to Support Strategic Growth

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Hazer Group Expands Share Issuance to Support Strategic Growth

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Hazer Group Ltd. ( (AU:HZR) ) has provided an announcement.

Hazer Group Ltd has issued a total of 3,566,013 fully paid ordinary shares, including shares for a tranche 2 placement and as part of a short-term incentive bonus. The company also issued additional shares following the exercise of employee options, bringing the total shares on issue to 265,693,098. This move reflects Hazer’s ongoing compliance with relevant corporate regulations and supports its strategic efforts in the clean technology sector.

The most recent analyst rating on (AU:HZR) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Hazer Group Ltd. stock, see the AU:HZR Stock Forecast page.

More about Hazer Group Ltd.

Hazer Group Ltd is an Australian technology company focused on global decarbonisation through the commercialisation of its innovative climate-tech. The company produces clean hydrogen and high-quality graphite using natural gas or biogas feedstock and iron-ore as a catalyst.

Average Trading Volume: 440,970

Technical Sentiment Signal: Buy

Current Market Cap: A$130M

See more data about HZR stock on TipRanks’ Stock Analysis page.

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