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Shriro Holdings Ltd. ( (AU:SHM) ) just unveiled an update.
Shriro Holdings Limited has announced the cancellation of 6,172,839 fully paid ordinary shares as part of an equal access scheme buy-back, effective 22 December 2025. The transaction reduces the company’s issued capital, which may have implications for its capital management strategy and could potentially impact remaining shareholders through changes to per-share metrics and ownership concentration.
The most recent analyst rating on (AU:SHM) stock is a Hold with a A$0.85 price target. To see the full list of analyst forecasts on Shriro Holdings Ltd. stock, see the AU:SHM Stock Forecast page.
More about Shriro Holdings Ltd.
Shriro Holdings Limited, listed on the ASX under the code SHM, operates as a publicly traded company, though this notice focuses solely on its capital structure and does not provide details on its specific industry, products, or services.
Average Trading Volume: 390,584
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$61.15M
Learn more about SHM stock on TipRanks’ Stock Analysis page.