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The latest announcement is out from National Australia Bank Limited ( (AU:NAB) ).
National Australia Bank Limited has announced the application for quotation of 483,117 ordinary fully paid securities on the Australian Securities Exchange, issued under a dividend or distribution plan. This move is part of the bank’s ongoing efforts to enhance its capital structure and provide value to its shareholders, potentially impacting its market positioning positively by increasing liquidity and investor confidence.
The most recent analyst rating on (AU:NAB) stock is a Hold with a A$42.50 price target. To see the full list of analyst forecasts on National Australia Bank Limited stock, see the AU:NAB Stock Forecast page.
More about National Australia Bank Limited
National Australia Bank Limited is a major financial institution in Australia, operating in the banking industry. It provides a range of financial services including personal banking, business banking, and wealth management, with a focus on serving both individual and corporate clients across the region.
Average Trading Volume: 4,282,179
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$128.7B
See more data about NAB stock on TipRanks’ Stock Analysis page.