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Autosports Group Limited Issues New Securities Under Employee Incentive Scheme

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Autosports Group Limited Issues New Securities Under Employee Incentive Scheme

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Autosports Group Ltd ( (AU:ASG) ) has provided an update.

Autosports Group Limited has announced the issuance of 246,523 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme, indicating a strategic effort to enhance employee engagement and retention, potentially strengthening the company’s market position and operational capabilities.

The most recent analyst rating on (AU:ASG) stock is a Buy with a A$3.63 price target. To see the full list of analyst forecasts on Autosports Group Ltd stock, see the AU:ASG Stock Forecast page.

More about Autosports Group Ltd

Autosports Group Limited operates in the automotive industry, focusing on the sale and distribution of new and used vehicles. The company is known for its comprehensive range of automotive services, including vehicle financing and insurance, and it primarily targets the Australian market.

Average Trading Volume: 335,277

Technical Sentiment Signal: Buy

Current Market Cap: A$696.4M

See more data about ASG stock on TipRanks’ Stock Analysis page.

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