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TruScreen Group Initiates Share Purchase Plan and Placement

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TruScreen Group Initiates Share Purchase Plan and Placement

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TruScreen Group Ltd. ( (AU:TRU) ) has shared an update.

TruScreen Group Limited has announced a corporate action involving a share purchase plan and a placement, both subject to shareholder approval. The company plans to issue options for each ordinary share under these plans, with a total of up to 136,410,326 options available. This move is aimed at raising capital and potentially expanding the company’s shareholder base, which could impact its market positioning and stakeholder interests.

More about TruScreen Group Ltd.

Average Trading Volume: 154,474

Technical Sentiment Signal: Buy

Current Market Cap: A$15.13M

For detailed information about TRU stock, go to TipRanks’ Stock Analysis page.

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