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Liberty Financial Group Reports Expiry and Lapse of Option Securities

Story Highlights
  • Liberty Financial Group reported the cessation of multiple LFGAA options with varying terms.
  • The expiries and lapses reduce potential future equity issuance, affecting dilution expectations for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Liberty Financial Group Reports Expiry and Lapse of Option Securities

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Liberty Financial Group Ltd ( (AU:LFG) ) has provided an announcement.

Liberty Financial Group has notified the ASX that a series of LFGAA options, carrying various expiry dates and exercise prices, have ceased, primarily through expiry without being exercised or the lapse of conditional rights that could not be satisfied. The cessation affects several tranches totaling millions of options through late 2025, effectively reducing the company’s pool of potential future equity issuance and slightly simplifying its capital structure, with implications for dilution expectations and the composition of existing security holders’ interests.

The most recent analyst rating on (AU:LFG) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Liberty Financial Group Ltd stock, see the AU:LFG Stock Forecast page.

More about Liberty Financial Group Ltd

Average Trading Volume: 57,583

Technical Sentiment Signal: Buy

Current Market Cap: A$1.26B

See more insights into LFG stock on TipRanks’ Stock Analysis page.

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