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Reject Shop Limited ( (AU:TRS) ) just unveiled an announcement.
The Reject Shop Limited’s securities will be suspended from quotation following the approval of a scheme of arrangement by the Federal Court of Australia, allowing Dollarama Inc. to acquire all issued shares in the company. This acquisition marks a significant change in ownership for The Reject Shop Limited, potentially impacting its operations and market positioning as it becomes part of a larger retail entity.
The most recent analyst rating on (AU:TRS) stock is a Hold with a A$3.70 price target. To see the full list of analyst forecasts on Reject Shop Limited stock, see the AU:TRS Stock Forecast page.
More about Reject Shop Limited
Average Trading Volume: 145,973
Technical Sentiment Signal: Buy
Current Market Cap: A$249.6M
See more insights into TRS stock on TipRanks’ Stock Analysis page.