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Judo Capital Issues 26,561 New Ordinary Shares on Conversion of Unquoted Securities

Story Highlights
  • Judo Capital operates as an ASX-listed financial services group focused on banking and lending solutions.
  • The company has issued 26,561 new ordinary shares from the conversion of unquoted securities, slightly increasing its capital base and diluting existing holders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Judo Capital Issues 26,561 New Ordinary Shares on Conversion of Unquoted Securities

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Judo Capital Holdings Limited ( (AU:JDO) ) just unveiled an update.

Judo Capital Holdings has notified the market of the issue of 26,561 new ordinary fully paid shares following the exercise or conversion of previously unquoted equity securities. The additional shares modestly increase the company’s issued capital and reflect the crystallisation of incentives or convertible instruments, marginally diluting existing holders while signalling ongoing utilisation of equity-based funding and remuneration structures.

The most recent analyst rating on (AU:JDO) stock is a Buy with a A$2.02 price target. To see the full list of analyst forecasts on Judo Capital Holdings Limited stock, see the AU:JDO Stock Forecast page.

More about Judo Capital Holdings Limited

Judo Capital Holdings Limited, listed on the ASX under the code JDO, operates in the financial services sector and focuses on providing banking and lending solutions, particularly to business customers. The company’s ordinary fully paid shares are its primary listed equity securities.

Average Trading Volume: 3,994,695

Technical Sentiment Signal: Buy

Current Market Cap: A$1.94B

Find detailed analytics on JDO stock on TipRanks’ Stock Analysis page.

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