Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ampol Limited ( (AU:ALD) ) just unveiled an update.
Ampol Limited has successfully priced A$500 million of subordinated notes due in 2055 to wholesale investors in the domestic fixed income market. The proceeds will be used to repay debt and for general corporate purposes, aligning with Ampol’s Capital Allocation Framework. This move is part of Ampol’s ongoing capital management strategy, aiming to refinance existing notes callable in March 2026. The transaction attracted significant demand from investors across Australia, New Zealand, and Asia, enhancing Ampol’s financial flexibility and supporting its credit rating.
The most recent analyst rating on (AU:ALD) stock is a Buy with a A$35.00 price target. To see the full list of analyst forecasts on Ampol Limited stock, see the AU:ALD Stock Forecast page.
More about Ampol Limited
Ampol Limited is a company operating in the energy sector, primarily involved in the supply of fuel and related products. It focuses on the domestic market and has a presence in Australia, New Zealand, and the Asian region.
Average Trading Volume: 845,722
Technical Sentiment Signal: Buy
Current Market Cap: A$7.11B
Find detailed analytics on ALD stock on TipRanks’ Stock Analysis page.