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Laserbond Limited ( (AU:LBL) ) has provided an update.
Laserbond Limited has announced the quotation of 433,194 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of September 26, 2025. This move is part of a dividend or distribution plan, potentially enhancing the company’s financial flexibility and market presence, which may have implications for stakeholders by possibly increasing shareholder value and supporting strategic growth initiatives.
The most recent analyst rating on (AU:LBL) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Laserbond Limited stock, see the AU:LBL Stock Forecast page.
More about Laserbond Limited
Laserbond Limited operates in the manufacturing industry, focusing on the development and application of advanced surface engineering technologies. The company provides innovative solutions to extend the life and performance of machinery components, serving various sectors including mining, energy, and agriculture.
Average Trading Volume: 140,717
Technical Sentiment Signal: Buy
Current Market Cap: A$63.24M
See more insights into LBL stock on TipRanks’ Stock Analysis page.