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An announcement from Humm Group Limited ( (AU:HUM) ) is now available.
humm Group Limited has announced an update regarding The Abercrombie Group’s non-binding indicative proposal to acquire the company for $0.58 cash per share. The Independent Board Committee has granted TAG limited access to non-public information for due diligence, though this does not ensure a binding offer. hummgroup has engaged financial and legal advisers to navigate the proposal, and shareholders are advised that no action is required at this time.
The most recent analyst rating on (AU:HUM) stock is a Buy with a A$0.90 price target. To see the full list of analyst forecasts on Humm Group Limited stock, see the AU:HUM Stock Forecast page.
More about Humm Group Limited
humm Group Limited is a diversified financial services company that offers installment plans for businesses and consumers to facilitate large purchases. Operating in Australia, New Zealand, Ireland, Canada, and the United Kingdom, its principal activities include Commercial Lending in Australia and New Zealand, Point of Sale Payment Plans, and various credit card offerings in both Australia and New Zealand.
Average Trading Volume: 1,689,622
Technical Sentiment Signal: Buy
Current Market Cap: A$297.9M
For an in-depth examination of HUM stock, go to TipRanks’ Overview page.