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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has provided an announcement.
Washington H. Soul Pattinson and Company Limited and Brickworks Limited have successfully implemented their respective share schemes, resulting in the issuance of Topco Shares to eligible shareholders. As a result, trading of Soul Patts and Brickworks shares has ceased, with Topco Shares now trading on the ASX. Brickworks plans to delist from the ASX following this transition. This strategic move is expected to streamline operations and potentially enhance shareholder value, reflecting a significant shift in the companies’ market positioning.
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 public company that has transitioned from owning and operating pharmacies to becoming a diversified investment house. It holds a varied portfolio across multiple industries, focusing on long-term investments to generate capital growth and dividends. Brickworks Limited is Australia’s largest brick manufacturer with a diversified portfolio, including industrial property and investments. It operates in both Australia and North America, providing stability and long-term growth opportunities.
Average Trading Volume: 716,735
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$14.91B
For detailed information about SOL stock, go to TipRanks’ Stock Analysis page.