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Seven West Media Limited ( (AU:SWM) ) just unveiled an update.
Seven West Media Limited announced the cessation of 5,678,425 performance rights due to the lapse of conditional rights, as the conditions for these securities 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 on the company’s operational adjustments and strategic focus.
The most recent analyst rating on (AU:SWM) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Seven West Media Limited stock, see the AU:SWM Stock Forecast page.
More about Seven West Media Limited
Seven West Media Limited operates in the media industry, providing a range of services including television broadcasting, newspaper publishing, and online media content. The company is a significant player in the Australian media market, focusing on delivering entertainment and news content across various platforms.
Average Trading Volume: 1,472,793
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$223.2M
Find detailed analytics on SWM stock on TipRanks’ Stock Analysis page.