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Woolworths Group Announces Cessation of Share Rights

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Woolworths Group Announces Cessation of Share Rights

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Woolworths Group Ltd ( (AU:WOW) ) just unveiled an announcement.

Woolworths Group Limited announced the cessation of 4,221 share rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may affect the company’s capital structure and could have implications for stakeholders, as it indicates a change in the company’s securities management.

The most recent analyst rating on (AU:WOW) stock is a Buy with a A$31.00 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 operates in the retail industry, primarily focusing on supermarkets and grocery stores. It is a major player in the Australian market, offering a wide range of products including food, drinks, and general merchandise.

Average Trading Volume: 2,999,215

Technical Sentiment Signal: Hold

Current Market Cap: A$35.96B

For a thorough assessment of WOW stock, go to TipRanks’ Stock Analysis page.

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