Scentre Group Announces Quotation of New Securities

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Scentre Group Announces Quotation of New Securities

Scentre Group ( (AU:SCG) ) has issued an update.

Scentre Group has announced the application for quotation of 6,915,807 fully paid ordinary units stapled securities on the Australian Securities Exchange (ASX) as of February 28, 2025. This move is part of a dividend or distribution plan, potentially impacting the company’s financial structure and offering increased liquidity for stakeholders.

More about Scentre Group

Scentre Group operates in the real estate industry, focusing on the ownership and management of shopping centers. It offers retail spaces and services primarily in Australia and New Zealand, positioning itself as a leader in retail property management.

YTD Price Performance: 7.00%

Average Trading Volume: 9,439

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $11.53B

Learn more about SCG stock on TipRanks’ Stock Analysis page.

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