Genex Power Cancels Millions of Securities
Company Announcements

Genex Power Cancels Millions of Securities

Genex Power Ltd. (AU:GNX) has released an update.

Genex Power Limited has announced the cancellation of 14.5 million options and 4.83 million performance rights due to agreements with the holders as of July 22, 2024. This significant reduction in securities is expected to impact investors and market perceptions of the company’s financial structure. The company’s ASX issuer code is GNX, and this move could influence its stock performance.

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

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