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Saunders International Limited ( (AU:SND) ) just unveiled an update.
Saunders International Limited has announced the application for quotation of 144,859 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme, which is expected to enhance employee engagement and align their interests with the company’s growth objectives. The issuance of these securities may strengthen Saunders’ operational capabilities and reinforce its market position by potentially increasing stakeholder confidence.
The most recent analyst rating on (AU:SND) stock is a Hold with a A$0.88 price target. To see the full list of analyst forecasts on Saunders International Limited stock, see the AU:SND Stock Forecast page.
More about Saunders International Limited
Saunders International Limited operates in the engineering and construction industry, providing services and solutions primarily focused on infrastructure, industrial, and resources sectors. The company is known for its expertise in delivering large-scale projects and maintaining a strong market presence in Australia.
Average Trading Volume: 68,511
Technical Sentiment Signal: Hold
Current Market Cap: A$111.9M
Learn more about SND stock on TipRanks’ Stock Analysis page.