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Woolworths Group Announces Cessation of Securities Due to Unmet Conditions

Story Highlights
  • Woolworths Group is a key player in retail, focusing on supermarkets and liquor.
  • Woolworths ceased 425,211 performance rights and 19,558 share rights due to unmet conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Woolworths Group Announces Cessation of Securities Due to Unmet Conditions

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An update from Woolworths Group Ltd ( (AU:WOW) ) is now available.

Woolworths Group Limited announced the cessation of certain securities, specifically 425,211 performance rights and 19,558 share rights, due to unmet conditions. This development may affect the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic decisions.

The most recent analyst rating on (AU:WOW) stock is a Hold with a A$29.30 price target. To see the full list of analyst forecasts on Woolworths Group Ltd stock, see the AU:WOW Stock Forecast page.

More about Woolworths Group Ltd

Woolworths Group Limited is a major player in the retail industry, primarily focusing on supermarkets, liquor retailing, and general merchandise. It operates across Australia and New Zealand, catering to a wide range of consumer needs with a strong emphasis on grocery and everyday essentials.

Average Trading Volume: 3,644,795

Technical Sentiment Signal: Sell

Current Market Cap: A$34.24B

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

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