Webjet Limited (AU:WEB) has released an update.
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Webjet Limited has announced a return of capital to shareholders through an in specie distribution of securities in another entity. The company’s ASX issuer code is WEB, and the announcement was made on 8 August 2024. This capital return does not involve a selective reduction of capital, and the entity receiving the distributed securities is proposing to list on the ASX.
For further insights into AU:WEB stock, check out TipRanks’ Stock Analysis page.
