Insurance Australia Group Expands Share Capital

Insurance Australia Group Limited (AU:IAG) has released an update.

Insurance Australia Group Limited has announced the issuance of 331,807 new fully paid ordinary shares as of August 28, 2024. The securities are unquoted, which means they are not listed for trading on a public exchange. This strategic move aims to raise capital or provide incentives within the company, signaling potential growth or changes in ownership structure.

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