Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Lark Distilling Co. Ltd. ( (AU:LRK) ) has provided an update.
Lark Distilling Co. announced the issuance of 528,928 ordinary fully paid shares to eligible employees without disclosure under Part 6D.2 of the Corporations Act. This move demonstrates the company’s compliance with relevant legal provisions and its commitment to rewarding employees, potentially enhancing stakeholder confidence and reinforcing its market position.
The most recent analyst rating on (AU:LRK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Lark Distilling Co. Ltd. stock, see the AU:LRK Stock Forecast page.
More about Lark Distilling Co. Ltd.
Lark Distilling Co., founded by Bill and Lyn Lark in 1992, is renowned for crafting award-winning Tasmanian whisky and spirits. As Australia’s leading luxury single malt whisky brand, Lark offers a range of products, including the Single Malt Signature Collection and Forty Spotted Gins. The company is celebrated for its quality and innovation, with its products available globally and locally at its Hobart Cellar Door and other prominent venues.
Average Trading Volume: 36,901
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$82.22M
See more insights into LRK stock on TipRanks’ Stock Analysis page.