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Kogan.com ( (AU:KGN) ) has issued an update.
Kogan.com Ltd announced the issuance of 3,638 fully paid ordinary shares as a result of the vesting of Performance Rights under its Equity Incentive Plan. The company has applied for the quotation of these shares on the ASX and confirmed compliance with relevant provisions of the Corporations Act. This move signifies Kogan.com’s commitment to maintaining transparency and regulatory compliance while potentially enhancing its market presence.
The most recent analyst rating on (AU:KGN) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Kogan.com stock, see the AU:KGN Stock Forecast page.
More about Kogan.com
Kogan.com is a diverse portfolio of retail and services businesses, including Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Internet, and several others. Known for its price leadership through digital efficiency, Kogan.com is a leading consumer brand focused on delivering remarkable value to help customers live their best lives.
YTD Price Performance: -49.88%
Average Trading Volume: 601,334
Technical Sentiment Signal: Sell
Current Market Cap: A$299.9M
For a thorough assessment of KGN stock, go to TipRanks’ Stock Analysis page.