tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

JB Hi-Fi Limited Issues New Equity Securities

Story Highlights
JB Hi-Fi Limited Issues New Equity Securities

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

JB Hi-Fi Limited ( (AU:JBH) ) has shared an announcement.

JB Hi-Fi Limited announced the issuance of 1,940 ordinary fully paid securities as part of their unquoted equity securities. This move indicates a strategic financial maneuver that could potentially enhance the company’s capital structure, reflecting positively on its market position and providing potential benefits to its stakeholders.

The most recent analyst rating on (AU:JBH) stock is a Buy with a A$133.00 price target. To see the full list of analyst forecasts on JB Hi-Fi Limited stock, see the AU:JBH Stock Forecast page.

More about JB Hi-Fi Limited

JB Hi-Fi Limited is a prominent player in the retail industry, primarily focusing on consumer electronics, home appliances, and entertainment products. The company is well-known for its competitive pricing and extensive product range, catering to a broad market segment across Australia and New Zealand.

Average Trading Volume: 365,124

Technical Sentiment Signal: Buy

Current Market Cap: A$12.91B

Find detailed analytics on JBH 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