The latest update is out from Smartgroup Corporation Ltd ( (AU:SIQ) ).
Smartgroup Corporation Ltd has announced the issuance of 91,497 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code SIQ. This move is part of the company’s ongoing strategy to strengthen its market position and enhance liquidity, potentially impacting its stakeholders by increasing the available shares for trading and possibly influencing the stock’s market performance.
More about Smartgroup Corporation Ltd
Smartgroup Corporation Ltd operates in the financial services industry, focusing on providing salary packaging, novated leasing, and fleet management services. The company targets both corporate and government sectors, offering solutions that enhance employee benefits and streamline fleet operations.
YTD Price Performance: 7.41%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $699.4M
Learn more about SIQ stock on TipRanks’ Stock Analysis page.