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Infomedia Ltd ( (AU:IFM) ) has issued an update.
Infomedia Ltd has announced a fully franked dividend of 2.9 cents per share, contingent upon the effectiveness of a proposed acquisition by McQueen BidCo Pty Ltd, a Singapore-based entity managed by TPG Capital. This strategic move is part of a scheme of arrangement aimed at enhancing shareholder value and aligning with the company’s growth objectives.
The most recent analyst rating on (AU:IFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Infomedia Ltd stock, see the AU:IFM Stock Forecast page.
More about Infomedia Ltd
Infomedia Ltd operates in the technology industry, providing software solutions and services primarily focused on the automotive sector. The company is known for its innovative products that enhance dealership operations and customer engagement.
Average Trading Volume: 1,209,569
Technical Sentiment Signal: Buy
Current Market Cap: A$643.3M
For an in-depth examination of IFM stock, go to TipRanks’ Overview page.