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Monadelphous Group Limited Announces Quotation of New Securities

Story Highlights
  • Monadelphous Group Limited operates in engineering, offering services to resources and energy sectors.
  • The company announced the quotation of 92,375 new securities on the ASX, enhancing market presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Monadelphous Group Limited Announces Quotation of New Securities

The latest update is out from Monadelphous Group Limited ( (AU:MND) ).

Monadelphous Group Limited announced the quotation of 92,375 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of March 28, 2025. This move is part of a dividend or distribution plan, potentially enhancing the company’s liquidity and market presence, benefiting stakeholders by increasing the available shares for trading.

More about Monadelphous Group Limited

Monadelphous Group Limited operates in the engineering sector, providing construction, maintenance, and industrial services to the resources, energy, and infrastructure industries. The company is known for its focus on delivering comprehensive solutions across various market segments, including mining and oil and gas.

YTD Price Performance: 7.63%

Average Trading Volume: 125

Technical Sentiment Signal: Strong Sell

Current Market Cap: €894.3M

For an in-depth examination of MND stock, go to TipRanks’ Stock Analysis page.

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