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Perpetual Equity Investment Co. Ltd. ( (AU:PIC) ) has issued an announcement.
Perpetual Equity Investment Company Limited has applied to the ASX for quotation of 1,130,646 new fully paid ordinary shares, issued on 9 April 2026. The securities have been created under a dividend or distribution plan, marginally increasing the company’s share base and providing participating shareholders with additional equity exposure.
The share issuance under the dividend or distribution plan effectively reinvests shareholder returns back into the company, modestly diluting existing holdings while supporting ongoing capital formation. This move reflects a continuation of Perpetual Equity Investment Company’s strategy of using dividend plans to deepen shareholder engagement and potentially enhance liquidity in its listed securities over time.
The most recent analyst rating on (AU:PIC) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Perpetual Equity Investment Co. Ltd. stock, see the AU:PIC Stock Forecast page.
More about Perpetual Equity Investment Co. Ltd.
Perpetual Equity Investment Company Limited is a listed investment company on the ASX that provides investors with exposure to a diversified portfolio of primarily Australian equities. The company is structured to give shareholders access to professionally managed investments, targeting long-term capital growth and income through a listed vehicle.
Average Trading Volume: 383,679
Technical Sentiment Signal: Buy
Learn more about PIC stock on TipRanks’ Stock Analysis page.