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NexGen Adjusts CDI Count as Investors Rebalance Holdings

Story Highlights
  • NexGen’s Australian CDIs fell to 147.2 million after net transfers to North American listings.
  • Common shares climbed to 513.4 million, options eased, and convertible debt stayed flat, implying routine capital activity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NexGen Adjusts CDI Count as Investors Rebalance Holdings

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An update from NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs ( (AU:NXG) ) is now available.

The company’s January Appendix 4A shows its Chess Depository Interests declined by about 4.9 million to 147.2 million as investors shifted holdings back to common shares traded in Toronto and New York, while total common shares rose to 513.4 million and options outstanding edged lower. The net transfer of securities reflects continuing cross-market management of the capital structure but does not alter the unchanged 39.6 million convertible debentures, suggesting routine portfolio realignment rather than a change in funding profile.

The most recent analyst rating on (AU:NXG) stock is a Hold with a A$19.50 price target. To see the full list of analyst forecasts on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs stock, see the AU:NXG Stock Forecast page.

More about NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs

NexGen Energy Ltd., an ASX- and TSX-listed uranium developer, focuses on advancing high-grade Canadian uranium assets to supply global nuclear fuel markets.

Average Trading Volume: 842,148

Technical Sentiment Signal: Buy

Current Market Cap: A$11.75B

See more data about NXG stock on TipRanks’ Stock Analysis page.

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