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Insurance Australia Group Limited ( (AU:IAG) ) has issued an announcement.
Insurance Australia Group Limited announced the cessation of certain securities, specifically 183,220 performance rights and 44,630 award rights, due to the lapse of conditional rights that were not satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic positioning in the market.
The most recent analyst rating on (AU:IAG) stock is a Buy with a A$9.65 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
More about Insurance Australia Group Limited
Insurance Australia Group Limited operates in the insurance industry, providing a range of insurance products and services primarily focused on the Australian market. The company is known for offering various types of insurance coverage, including home, motor, and business insurance.
Average Trading Volume: 4,025,060
Technical Sentiment Signal: Buy
Current Market Cap: A$20.22B
Find detailed analytics on IAG stock on TipRanks’ Stock Analysis page.