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Johns Lyng Group Ltd ( (AU:JLG) ) has provided an update.
Johns Lyng Group Limited announced the release of 909,511 fully paid ordinary shares from voluntary escrow on 24 September 2025. These shares were initially issued as part of the tranche 1 earn-out for Link Fire Holdings Pty Ltd, highlighting JLG’s strategic acquisition activities. This release marks a significant step in the company’s ongoing growth and integration strategy, potentially impacting its market position and stakeholder interests.
The most recent analyst rating on (AU:JLG) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Johns Lyng Group Ltd stock, see the AU:JLG Stock Forecast page.
More about Johns Lyng Group Ltd
Johns Lyng Group Limited (JLG) is an integrated building services group that provides building and restoration services across Australia and the US. The company’s core business focuses on rebuilding and restoring properties and contents after damage from insured events such as impact, weather, and fire. Established in 1953, JLG has expanded into an international business with over 2,600 employees, serving a diverse client base that includes major insurance companies, commercial enterprises, government bodies, and retail customers.
Average Trading Volume: 2,285,097
Technical Sentiment Signal: Hold
Current Market Cap: A$1.12B
Find detailed analytics on JLG stock on TipRanks’ Stock Analysis page.