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MaxiPARTS Issues New Shares Under Dividend Reinvestment Plan

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MaxiPARTS Issues New Shares Under Dividend Reinvestment Plan

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The latest announcement is out from MaxiPARTS Limited ( (AU:MXI) ).

MaxiPARTS Limited has issued 99,730 fully paid ordinary shares under its Dividend Reinvestment Plan without disclosure to investors, in compliance with relevant provisions of the Corporations Act. This move reflects the company’s ongoing commitment to shareholder value and adherence to regulatory requirements, potentially strengthening its market position in the road transport industry.

The most recent analyst rating on (AU:MXI) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on MaxiPARTS Limited stock, see the AU:MXI Stock Forecast page.

More about MaxiPARTS Limited

MaxiPARTS Limited (ASX:MXI) is one of the largest suppliers of truck and trailer parts to the road transport industry in Australia.

Average Trading Volume: 17,494

Technical Sentiment Signal: Buy

Current Market Cap: A$138.6M

For an in-depth examination of MXI stock, go to TipRanks’ Overview page.

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