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Netwealth Group Corrects Reporting Error in ASX Filing

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Netwealth Group Corrects Reporting Error in ASX Filing

Netwealth Group Ltd. ( (AU:NWL) ) has provided an update.

Netwealth Group Limited announced a correction to an error in the number of options exercised as previously reported in its Appendix 2A lodged with the ASX. The corrected figures, released on 19 March 2025, show a variance in the options exercised, but the total number of ordinary fully paid securities remains unchanged at 244,931,303. This correction ensures accurate reporting and maintains transparency with stakeholders, reflecting the company’s commitment to governance and operational integrity.

More about Netwealth Group Ltd.

Netwealth Group Limited is a financial services company listed on the Australian Securities Exchange. Founded in 1999, it is one of Australia’s fastest-growing wealth management businesses. The company offers a range of financial products, including superannuation, managed accounts, and investor-directed portfolio services. Netwealth’s digital platform, developed by its technology team, supports the delivery of these products and is recognized for its industry-leading capabilities.

YTD Price Performance: -6.61%

Average Trading Volume: 385,528

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$6.54B

Learn more about NWL stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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