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The latest announcement is out from HUB24 Limited ( (AU:HUB) ).
HUB24 Limited has notified the market of the issue or conversion of unquoted equity securities, specifically noting that certain unquoted options or other unquoted convertible securities have been exercised or converted into HUB24 shares. The move modestly increases the company’s equity on issue and reflects ongoing utilisation of equity-based instruments, which may have implications for capital structure, dilution for existing shareholders, and the alignment of management or participant incentives with shareholder interests.
The most recent analyst rating on (AU:HUB) stock is a Hold with a A$101.50 price target. To see the full list of analyst forecasts on HUB24 Limited stock, see the AU:HUB Stock Forecast page.
More about HUB24 Limited
HUB24 Limited is an Australian financial services company listed on the ASX, operating in the wealth management and investment platform industry. It provides investment and superannuation platforms and related technology solutions to financial advisers, licensees and their clients in the Australian market.
Average Trading Volume: 265,406
Technical Sentiment Signal: Buy
Current Market Cap: A$7.67B
See more data about HUB stock on TipRanks’ Stock Analysis page.