Synlait Milk Expands Market Presence with New Shares

Synlait Milk Ltd. (AU:SM1) has released an update.

Synlait Milk Limited has announced the application for quotation of a significant number of new securities on the stock exchange, specifically 308,333,333 ordinary fully paid shares. The application, dated October 1, 2024, marks a notable expansion of Synlait’s presence in the financial markets. Investors may anticipate changes in Synlait’s stock market dynamics following this substantial increase in available securities.

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