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Harvest Technology Group Issues New Shares to Boost Market Position
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Harvest Technology Group Issues New Shares to Boost Market Position

Story Highlights
  • Harvest Technology Group issued 2,316,626 shares as part of their latest ASX announcement.
  • The issuance complies with the Corporations Act, indicating strategic market enhancement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Harvest Technology Group Ltd. ( (AU:HTG) ) has shared an update.

Harvest Technology Group Limited has announced the issuance of 2,316,626 fully paid ordinary shares, as per their latest notice to ASX. This move is compliant with relevant sections of the Corporations Act 2001, and the shares were issued without disclosure under Part 6D.2 of the Act. The announcement signifies the company’s commitment to maintaining regulatory compliance, with no excluded information under Sections 708A(7) and 708A(8) of the Act. This development is part of Harvest’s strategic initiatives to enhance its market position and operational capabilities.

More about Harvest Technology Group Ltd.

Harvest Technology Group Limited (ASX: HTG) is a global leader in network-optimized remote operations, offering real-time remote control, communication, automation, and monitoring capabilities. Based in Perth, Australia, the company specializes in ultra-low bandwidth Network Optimised Livestreaming solutions that allow customers to maintain connectivity with operations and personnel worldwide while using minimal bandwidth resources.

YTD Price Performance: 10.0%

Average Trading Volume: 783,947

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$19.29M

Learn more about HTG stock on TipRanks’ Stock Analysis page.

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