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Synlait Milk Reports Lapse of Performance Share Rights

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Synlait Milk Reports Lapse of Performance Share Rights

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Synlait Milk Ltd. ( (AU:SM1) ) has provided an announcement.

Synlait Milk Limited announced the lapse of 68,820 Performance Share Rights as of January 24, 2025, leaving 219,061 Performance Share Rights still in issue. This change in share rights may impact the company’s financial and operational strategies, potentially affecting current stakeholders and the market’s perception of Synlait’s performance.

More about Synlait Milk Ltd.

Synlait Milk Limited is a dairy company based in Canterbury, New Zealand. It is listed on both the NZX and ASX and focuses on producing and supplying milk products.

YTD Price Performance: -3.95%

Average Trading Volume: 29,165

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$226M

For a thorough assessment of SM1 stock, go to TipRanks’ Stock Analysis page.

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