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I Synergy Drops Capital Consolidation Resolution Following Shareholder Feedback

Story Highlights
  • I Synergy withdrew its proposed capital consolidation resolution after shareholder feedback.
  • All other meeting business will proceed, with existing proxies valid and votes on the withdrawn resolution disregarded.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
I Synergy Drops Capital Consolidation Resolution Following Shareholder Feedback

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I Synergy Group Ltd. ( (AU:IS3) ) has issued an announcement.

I Synergy Group Limited has withdrawn a proposed capital consolidation resolution from the agenda of its upcoming Extraordinary General Meeting after receiving feedback from shareholders. The company confirmed that the removal of this resolution will not affect the validity of existing proxy forms or votes, and all other items of business will proceed as planned, with any votes cast on the withdrawn resolution to be disregarded, underscoring the board’s responsiveness to shareholder concerns while maintaining the integrity of the meeting’s decision-making process.

The most recent analyst rating on (AU:IS3) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on I Synergy Group Ltd. stock, see the AU:IS3 Stock Forecast page.

More about I Synergy Group Ltd.

I Synergy Group Limited is a technology-driven company evolving beyond its affiliate marketing roots to pursue new avenues for sustainable growth and innovation in the digital economy. The company is actively assessing new markets and business strategies to enhance its relevance and impact as digital business models continue to transform.

Average Trading Volume: 512,019

Technical Sentiment Signal: Sell

Current Market Cap: A$19.09M

Learn more about IS3 stock on TipRanks’ Stock Analysis page.

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