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Lindsay Australia Limited ( (AU:LAU) ) just unveiled an announcement.
Lindsay Australia Limited has announced the issuance of 65,068 ordinary shares following the exercise of an equivalent number of unlisted options, which were exercisable at no cost before June 2026. This move signifies a strategic financial maneuver to potentially enhance shareholder value and liquidity, aligning with compliance under the Corporations Act, and indicating a stable regulatory standing.
The most recent analyst rating on (AU:LAU) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Lindsay Australia Limited stock, see the AU:LAU Stock Forecast page.
More about Lindsay Australia Limited
Average Trading Volume: 594,671
Technical Sentiment Signal: Sell
Current Market Cap: A$220.4M
Learn more about LAU stock on TipRanks’ Stock Analysis page.