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An update from Health and Plant Protein Group Limited ( (AU:HPP) ) is now available.
Health and Plant Protein Group Limited (HPP) reported a significant increase in cash reserves, ending the quarter with A$5.77 million, largely due to receiving A$5.2 million from the IRS. The company is exploring various corporate opportunities to enhance shareholder value and plans to return a portion of surplus net assets to shareholders through potential share buy-backs or capital returns.
More about Health and Plant Protein Group Limited
Health and Plant Protein Group Limited operates in the health and plant-based protein industry, focusing on products that cater to the growing demand for plant-based nutrition.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.16M
See more insights into HPP stock on TipRanks’ Stock Analysis page.