tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Iluka Resources to Issue 468,457 New Shares Following Conversion of Unquoted Securities

Story Highlights
  • Iluka Resources will issue 468,457 new fully paid ordinary shares in October 2025.
  • The share issue follows conversion of unquoted equity instruments, slightly expanding Iluka’s capital base and aligning incentives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Iluka Resources to Issue 468,457 New Shares Following Conversion of Unquoted Securities

Claim 70% Off TipRanks Premium

An announcement from Iluka Resources Limited ( (AU:ILU) ) is now available.

Iluka Resources has notified the market of the conversion of unquoted securities into a total of 468,457 fully paid ordinary shares, to be issued on two dates in October 2025. The move modestly increases Iluka’s share capital base and reflects the exercise or conversion of previously granted unquoted equity instruments, aligning with typical capital management and incentive practices that can have incremental dilution effects for existing shareholders while further integrating recipients’ interests with the company’s equity performance.

The most recent analyst rating on (AU:ILU) stock is a Hold with a A$5.45 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.

More about Iluka Resources Limited

Iluka Resources Limited is an Australia-based resources company listed on the ASX, primarily engaged in the exploration, mining, processing and marketing of mineral sands and related products used in various industrial applications. The company operates in global commodity markets and its ordinary shares trade under the ticker ILU.

Average Trading Volume: 4,544,204

Technical Sentiment Signal: Buy

Current Market Cap: A$2.65B

Find detailed analytics on ILU stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1