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Sequoia Financial Group Announces EGM and Growth
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Sequoia Financial Group Announces EGM and Growth

Sequoia Financial Group Ltd. (AU:SEQ) has released an update.

Sequoia Financial Group Ltd (ASX: SEQ) has announced an Extraordinary General Meeting (EGM) following the resignation of its Chairman John Larsen, with Charles Sweeney stepping in during the transition. The company, transformed since 2019 into a profitably growing entity, forecasts an EBITDA of $8.1m to $10m and has seen a significant share price increase along with fully franked dividends paid to shareholders. The firm remains optimistic about its growth, particularly in Licensees Services and Professional Services, while planning to divest non-performing units.

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

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