Aspen Group Limited (AU:APZ) has released an update.
Aspen Group Limited has launched an unconditional off-market takeover bid for all shares of Eureka Group Holdings, already securing 35.73% interest in the target company. Aspen also announced an earnings per share (EPS) guidance of 14.50 – 15.00 cents and a dividend per share (DPS) guidance of at least 9.50 cents for the fiscal year 2025. These developments suggest a significant update to shareholders regarding Aspen’s aggressive acquisition strategy and future financial projections.
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