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Titomic Ltd ( (AU:TTT) ) has issued an announcement.
Titomic Limited has issued 35 million fully paid ordinary shares to director Mr. Humphrey Nolan under a directors’ share plan approved by shareholders. These shares are subject to a 12-month voluntary escrow arrangement with Mr. Nolan, as the company explores potential near-term initiatives. This move reflects Titomic’s strategic efforts to strengthen its financial positioning while maintaining compliance with disclosure obligations.
The most recent analyst rating on (AU:TTT) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Titomic Ltd stock, see the AU:TTT Stock Forecast page.
More about Titomic Ltd
Titomic Limited (ASX: TTT) is a leading American manufacturing company specializing in large integrated solutions for industrial-scale metal additive manufacturing, coating, and repairs using its patented kinetic fusion cold spray (Titomic Kinetic Fusion™) technology. The company provides OEM production and R&D services to industries such as Aerospace, Defense, Shipbuilding, Oil & Gas, Mining, and Automotive, with a global presence including offices in Huntsville, Alabama, Australia, and Europe.
Average Trading Volume: 3,155,443
Technical Sentiment Signal: Hold
Current Market Cap: A$330.5M
See more data about TTT stock on TipRanks’ Stock Analysis page.