Rapid Nutrition (FR:ALRPD) has released an update.
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Rapid Nutrition is set to repay part of their Atlas funding tranche in cash, aiming to reduce potential dilution for shareholders, a move underpinned by the company’s strong financial performance in key markets such as China and Australia. CEO Simon St. Ledger highlights this decision as evidence of the company’s dedication to shareholder interests and its long-term growth strategy. The company’s successful market penetration and financial stability enable this strategic repayment approach, reinforcing its commitment to maintaining shareholder value.
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