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Smartgroup Announces Quotation of New Securities

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Smartgroup Announces Quotation of New Securities

Smartgroup Corporation Ltd ( (AU:SIQ) ) has provided an announcement.

Smartgroup Corporation Ltd has announced the application for the quotation of 1,500,870 ordinary fully paid securities on the Australian Securities Exchange. This move, involving securities issued under an employee incentive scheme, could enhance the company’s market presence and provide additional liquidity, potentially benefiting stakeholders by aligning employee interests with company performance.

More about Smartgroup Corporation Ltd

Smartgroup Corporation Ltd operates in the financial services industry, focusing on providing salary packaging and fleet management services. The company is known for its employee incentive schemes and is listed on the Australian Securities Exchange under the code SIQ.

YTD Price Performance: -3.66%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $594.7M

See more data about SIQ stock on TipRanks’ Stock Analysis page.

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