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Megaport Limited Announces Quotation of New Securities on ASX

Story Highlights
  • Megaport Limited is a technology company offering network connectivity services.
  • The company will quote 8,036 new securities on the ASX as part of an employee incentive scheme.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Megaport Limited Announces Quotation of New Securities on ASX

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Megaport ( (AU:MP1) ) has provided an announcement.

Megaport Limited has announced the quotation of 8,036 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code MP1, effective December 3, 2025. This move is part of an employee incentive scheme and reflects the company’s ongoing efforts to enhance its market presence and operational capabilities.

The most recent analyst rating on (AU:MP1) stock is a Hold with a A$14.00 price target. To see the full list of analyst forecasts on Megaport stock, see the AU:MP1 Stock Forecast page.

More about Megaport

Megaport Limited operates in the technology industry, specializing in network connectivity services. The company provides scalable and on-demand interconnection solutions, primarily focusing on enabling businesses to connect to cloud services, data centers, and various network services across the globe.

Average Trading Volume: 778,329

Technical Sentiment Signal: Buy

Current Market Cap: A$2.51B

Find detailed analytics on MP1 stock on TipRanks’ Stock Analysis page.

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