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Lindsay Australia Limited ( (AU:LAU) ) has shared an update.
Lindsay Australia Limited has announced the issuance of 65,068 ordinary shares following the exercise of unlisted options, which were exercisable at no cost before June 2026. This move indicates a strategic financial maneuver to potentially enhance shareholder value and reflects the company’s compliance with regulatory requirements, which could positively impact its market positioning.
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: 603,669
Technical Sentiment Signal: Hold
Current Market Cap: A$261.9M
For an in-depth examination of LAU stock, go to TipRanks’ Overview page.