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Credit Clear Limited ( (AU:CCR) ) has shared an announcement.
Credit Clear Limited has announced the issuance of 443,455 ordinary fully paid shares to be quoted on the ASX. These shares are issued to related parties as a substitute for cash remuneration for directors’ fees, as approved in the company’s annual general meetings held in November 2023 and 2024. This move could potentially impact the company’s financial strategy by conserving cash while aligning the interests of directors with shareholders.
The most recent analyst rating on (AU:CCR) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Credit Clear Limited stock, see the AU:CCR Stock Forecast page.
More about Credit Clear Limited
Credit Clear Limited operates in the financial services industry, focusing on providing innovative solutions for credit management and debt collection. The company aims to enhance the efficiency and effectiveness of financial transactions and interactions between businesses and their customers.
Average Trading Volume: 460,556
Technical Sentiment Signal: Buy
Current Market Cap: A$121M
Learn more about CCR stock on TipRanks’ Stock Analysis page.