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Super Retail Group Limited ( (AU:SUL) ) has provided an announcement.
Super Retail Group Limited has announced the suspension of its Dividend Reinvestment Plan (DRP) effective from the fiscal year 2026 until further notice. This decision means that participants in the DRP will receive cash distributions instead of reinvested dividends, impacting shareholders who previously opted for reinvestment. The suspension reflects a strategic decision by the company’s directors, potentially affecting its financial management and shareholder engagement strategies.
The most recent analyst rating on (AU:SUL) stock is a Hold with a A$16.15 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.
More about Super Retail Group Limited
Super Retail Group Limited operates in the retail industry, focusing on providing a variety of products across different sectors such as automotive, sports, and outdoor leisure. The company is known for its diverse range of retail brands that cater to specific market segments, enhancing its market presence and consumer reach.
Average Trading Volume: 354,538
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.66B
Find detailed analytics on SUL stock on TipRanks’ Stock Analysis page.