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Mader Group Ltd ( (AU:MAD) ) just unveiled an announcement.
Mader Group Limited has issued 1,586,728 fully paid ordinary shares, enabling secondary trading under the exemption in section 708A(5) of the Corporations Act 2001. This move reflects the company’s compliance with relevant legal provisions and ensures transparency for investors, potentially enhancing its market position and stakeholder confidence.
The most recent analyst rating on (AU:MAD) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Mader Group Ltd stock, see the AU:MAD Stock Forecast page.
More about Mader Group Ltd
Mader Group Limited (ASX:MAD) is a global leader in providing specialist technical services across multiple industries. The company connects a global network of over 490 customers to a skilled workforce of approximately 3,900 personnel, offering flexible and cost-effective solutions. Mader Group has been recognized as a finalist in several prestigious awards, including Large Business of the Year at the 2024 WA Business Awards and Employer of Choice at the 2024 HR Awards.
Average Trading Volume: 131,342
Technical Sentiment Signal: Buy
Current Market Cap: A$1.71B
Learn more about MAD stock on TipRanks’ Stock Analysis page.