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An update from Leo Lithium Ltd. ( (AU:LLL) ) is now available.
Leo Lithium Limited has completed the payment of a distribution totaling 17.2 cents per share, which includes a capital return of 1.43 cents and a special dividend of 15.77 cents per share. As a result, the exercise prices for the company’s options have been adjusted downward by 1.43 cents, reflecting the capital return, with no change in the number of options issued. This financial maneuver aligns with the company’s strategic financial management, potentially enhancing shareholder value by distributing profits while maintaining operational agility.
More about Leo Lithium Ltd.
Leo Lithium Limited operates in the mining industry, focusing on lithium production. The company is listed on the Australian Securities Exchange under the ticker LLL and is based in West Perth, Australia.
YTD Price Performance: 1.00%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$605.1M
For a thorough assessment of LLL stock, go to TipRanks’ Stock Analysis page.
