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Generation Development Eyes Share Issue Update
Company Announcements

Generation Development Eyes Share Issue Update

Generation Development Group Limited (AU:GDG) has released an update.

Generation Development Group Limited has updated its previous announcement, revealing plans to issue up to 26,509,064 fully paid ordinary shares. The final tally of shares to be issued will be confirmed pending adjustments for factors such as Lonsec’s working capital and debt. This move is part of the company’s ongoing efforts to adjust its capital structure and fuel growth.

For further insights into AU:GDG stock, check out TipRanks’ Stock Analysis page.

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