Sports Entertainment Group Limited (AU:SEG) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Sports Entertainment Group Limited has announced the issuance of 7,692,308 new fully paid ordinary shares following the acquisition of a minority stake in its subsidiary SEN Teams Pty Ltd. The shares will be quoted on the ASX under the ticker code SEG, marking a new phase in the company’s expansion. This move is intended to consolidate the company’s holdings and enhance its position in the sports entertainment market.
For further insights into AU:SEG stock, check out TipRanks’ Stock Analysis page.