Amani Gold to Delist and Streamline Shareholdings

Amani Gold to Delist and Streamline Shareholdings

Amani Gold Limited (AU:ANL) has released an update.

Amani Gold Limited is set to delist from the ASX and has initiated two buy-back schemes to streamline its shareholder base, significantly reducing administrative costs. The company has completed a minimum holding buy-back, purchasing over a billion shares, and is proceeding with an equal access buy-back, targeting up to 60% of its shares. With a strong cash position of A$13.572M, Amani is focused on optimizing its treasury and cash management strategies.

For further insights into AU:ANL stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App