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NobleOak Life Ltd Issues New Shares Following Performance Rights Exercise

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NobleOak Life Ltd Issues New Shares Following Performance Rights Exercise

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An announcement from NobleOak Life Ltd ( (AU:NOL) ) is now available.

NobleOak Life Ltd has issued 144,086 fully paid ordinary shares following the exercise of listed performance rights, as disclosed in their recent ASX release. This move aligns with the company’s compliance with relevant sections of the Corporations Act and reflects its ongoing operational strategies.

The most recent analyst rating on (AU:NOL) stock is a Buy with a A$2.85 price target. To see the full list of analyst forecasts on NobleOak Life Ltd stock, see the AU:NOL Stock Forecast page.

More about NobleOak Life Ltd

NobleOak is an independent, award-winning Australian life insurance provider with a 148-year history. It offers direct-to-consumer life insurance products through a digital platform and manufactures white-labelled products for strategic partners, focusing on high-value, easy-to-understand, competitive life risk insurance products.

Average Trading Volume: 105,132

Technical Sentiment Signal: Buy

Current Market Cap: A$139.7M

See more insights into NOL stock on TipRanks’ Stock Analysis page.

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