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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has shared an update.
Washington H. Soul Pattinson and Company Limited and Brickworks Limited have announced the legal effectiveness of their respective share schemes following approval by the Supreme Court of New South Wales. The schemes involve the exchange of shares for Topco Shares, with trading on a deferred settlement basis starting on 16 September 2025. This move is expected to streamline operations and potentially enhance shareholder value, marking a significant step in the strategic alignment of both companies.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
More about Washington H. Soul Pattinson and Co.
Washington H. Soul Pattinson and Company Limited, known as Soul Patts, is an Australian investment house with a diversified portfolio across industries such as listed equities, private markets, credit, and property. Originally a pharmacy operator, it now focuses on long-term capital growth and dividends. Brickworks Limited is Australia’s largest brick manufacturer with a diversified portfolio including building products in Australia and North America, industrial property, and investments. It has a strong history of stability and growth, paying dividends since 1962.
YTD Price Performance: 27.52%
Average Trading Volume: 573,797
Technical Sentiment Signal: Buy
Current Market Cap: A$15.64B
For a thorough assessment of SOL stock, go to TipRanks’ Stock Analysis page.