COG Financial Services Sells Stake in Earlypay Limited

COG Financial Services Limited ( (AU:COG) ) just unveiled an update.

COG Financial Services Limited has announced that it has ceased to be a substantial holder in Earlypay Limited as of May 22, 2025. This change was due to an on-market sale of over 58 million ordinary shares, amounting to a consideration of approximately $12.76 million. The divestment could impact COG’s investment strategy and influence its financial position, while potentially affecting Earlypay’s shareholder structure and market perception.

The most recent analyst rating on (AU:COG) stock is a Buy with a A$1.61 price target. To see the full list of analyst forecasts on COG Financial Services Limited stock, see the AU:COG Stock Forecast page.

More about COG Financial Services Limited

COG Financial Services Limited is a company listed on the Australian Securities Exchange (ASX: COG) that operates within the financial services industry. The company is involved in providing financial solutions, likely focusing on lending, leasing, and other financial products, catering to various market segments.

Average Trading Volume: 392,439

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$276.5M

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