April 28 (Reuters) - Australian construction firm Lendlease Group (LLC) on Tuesday said it would raise up to A$1.15 billion ($741.29 million) to shore up its balance sheet and guard against market uncertainty stemming from the coronavirus crisis.
The company said it will raise A$950 million in new equity via a fully underwritten share placement at A$9.80 per share, and up to A$200 million through a non-underwritten share purchase plan.
Lendlease also withdrew all forecasts it had provided with its first-half results.
($1 = 1.5513 Australian dollars)
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Last
$5.47 |
Change
-0.025(0.46%) |
Mkt cap ! $3.775B | |||
| Open | High | Low | Value | Volume |
| $5.47 | $5.49 | $5.45 | $1.765M | 322.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 13619 | $5.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.47 | 2949 | 19 |
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| Last trade - 13.49pm 10/09/2025 (20 minute delay) ? |
| LLC (ASX) Chart |