The latest announcement is out from Spirent Communications ( (GB:SPT) ).
Spirent Communications has applied for the listing of 16,500,000 new ordinary shares on the London Stock Exchange. These shares are part of the Spirent Long-Term Incentive Plan and the Deferred Bonus Plan, with admission expected on 7 March 2025. This move is likely to enhance the company’s market presence and provide additional resources for its operations, potentially impacting its stakeholders positively.
More about Spirent Communications
Spirent Communications plc is a leading global provider of automated test and assurance solutions for networks, cybersecurity, and positioning. The company offers innovative products, services, and managed solutions that address the challenges of testing, assurance, and automation for new technologies, including 5G, SD-WAN, Cloud, and autonomous vehicles. Spirent’s solutions help companies deliver on the promise of next-generation connected devices and technologies.
YTD Price Performance: 6.21%
Average Trading Volume: 1,151,371
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.07B
For an in-depth examination of SPT stock, go to TipRanks’ Stock Analysis page.