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Laserbond Limited ( (AU:LBL) ) has shared an announcement.
LaserBond Limited’s 2025 Annual General Meeting resulted in the approval of several key resolutions, including the adoption of the remuneration report and the re-election of directors Wayne Hooper and Ian Neal. Additionally, shareholders approved an increase in the company’s placement capacity to issue securities up to an additional 10%. The election of Gregory Hooper as a director was withdrawn by request. These decisions reflect strong shareholder support for the current board and strategic direction, potentially enhancing the company’s operational flexibility and market positioning.
The most recent analyst rating on (AU:LBL) stock is a Hold with a A$0.50 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 advanced manufacturing industry, focusing on surface engineering and reclamation services. The company specializes in laser cladding technology, which is used to enhance the performance and longevity of industrial components, targeting markets such as mining, energy, and infrastructure.
Average Trading Volume: 76,614
Technical Sentiment Signal: Sell
Current Market Cap: A$57.86M
For detailed information about LBL stock, go to TipRanks’ Stock Analysis page.