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Glennon Small Companies Redeems Preference Shares

Glennon Small Companies Ltd (AU:GC1) has released an update.

Glennon Small Companies Limited has announced the redemption of 39,649 of its 5.60% convertible redeemable preference securities. The cessation of these securities occurred on September 30, 2024, as detailed in their recent financial announcement. This move could indicate a restructuring of the company’s capital or an adjustment to its financial strategy.

For further insights into AU:GC1 stock, check out TipRanks’ Stock Analysis page.

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