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Qantas Airways Announces Cessation of NED Rights Securities

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Qantas Airways Announces Cessation of NED Rights Securities

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Qantas Airways Limited ( (AU:QAN) ) has shared an announcement.

Qantas Airways Limited announced the cessation of 1,134 NED rights securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting the company’s ongoing adjustments in its financial and operational strategies.

The most recent analyst rating on (AU:QAN) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Qantas Airways Limited stock, see the AU:QAN Stock Forecast page.

More about Qantas Airways Limited

Qantas Airways Limited is a major player in the aviation industry, primarily offering passenger and cargo air transportation services. The company is known for its extensive domestic and international flight network, catering to a wide range of market segments.

Average Trading Volume: 4,431,669

Technical Sentiment Signal: Buy

Current Market Cap: A$16.34B

For a thorough assessment of QAN stock, go to TipRanks’ Stock Analysis page.

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