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IPD Group Ltd ( (AU:IPG) ) just unveiled an update.
IPD Group Limited has issued 129,429 fully paid ordinary shares and has lodged a cleansing notice confirming the shares were issued without a prospectus under applicable Corporations Act provisions. The company affirmed it is up to date with its financial reporting and continuous disclosure obligations and that there is no excluded information, a step that facilitates secondary trading of the new shares and underscores its compliance posture for investors and the market.
The most recent analyst rating on (AU:IPG) stock is a Buy with a A$5.20 price target. To see the full list of analyst forecasts on IPD Group Ltd stock, see the AU:IPG Stock Forecast page.
More about IPD Group Ltd
IPD Group Limited is an Australian provider of electrical solutions focused on energy management and automation, offering products and systems that enhance electrical infrastructure. The company concentrates on energy efficiency, automation, and secure connectivity, with a strategic role in supporting electrification and decarbonisation initiatives across the economy.
Average Trading Volume: 164,334
Technical Sentiment Signal: Buy
Current Market Cap: A$460.1M
For a thorough assessment of IPG stock, go to TipRanks’ Stock Analysis page.