Mayne Pharma Group Announces Cessation of Securities

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Mayne Pharma Group ( (AU:MYX) ) has provided an update.

Mayne Pharma Group Limited announced the cessation of 102,553 performance rights due to unmet conditions, impacting its issued capital. This cessation reflects the company’s ongoing adjustments in its capital management strategy, potentially affecting stakeholder interests and the company’s market position.

More about Mayne Pharma Group

Mayne Pharma Group Limited operates in the pharmaceutical industry, focusing on the development, manufacture, and marketing of branded and generic pharmaceutical products. The company is listed on the Australian Securities Exchange (ASX) under the code MYX.

YTD Price Performance: -1.39%

Average Trading Volume: 2,382

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $234.8M

For detailed information about MYX stock, go to TipRanks’ Stock Analysis page.

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