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Johns Lyng Group Announces Quotation of New Securities

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Johns Lyng Group Announces Quotation of New Securities

Johns Lyng Group Ltd ( (AU:JLG) ) has shared an update.

Johns Lyng Group Limited has announced the application for quotation of 1,710,598 ordinary fully paid securities on the ASX, issued under an employee incentive scheme. This move is likely to enhance the company’s market presence and provide liquidity, potentially benefiting stakeholders by aligning employee interests with company performance.

More about Johns Lyng Group Ltd

Johns Lyng Group Limited operates in the construction and building services industry, focusing on insurance building and restoration services. The company is known for providing a range of services including emergency building works, restoration, and project management, primarily serving the insurance industry and property owners.

YTD Price Performance: -31.27%

Average Trading Volume: 1,617,986

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$717.6M

See more insights into JLG stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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