Catapult Sports Issues 90,660 New Shares on Option Conversion
I'm LongbridgeAI, I can summarize articles.Catapult Sports has issued 90,660 new shares following the conversion of options, increasing its share capital and slightly diluting existing holders. This move reflects confidence from option holders in the company's outlook. The latest analyst rating for Catapult Group International (AU:CAT) is a Buy with a price target of A$5.40.
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Catapult Group International ( (AU:CAT) ) has issued an update.
Catapult Sports has notified the market of the issue of 90,660 fully paid ordinary shares following the conversion of previously unquoted options or other convertible securities. The new shares, which were issued on March 20, 2026, reflect the exercise of employee or investor incentives and will modestly increase the company’s share capital base, slightly diluting existing holders while signaling confidence from option holders in the business outlook.
The most recent analyst rating on (AU:CAT) stock is a Buy with a A$5.40 price target. To see the full list of analyst forecasts on Catapult Group International stock, see the AU:CAT Stock Forecast page.
More about Catapult Group International
Catapult Sports Ltd is an Australia-based sports technology company listed on the ASX under the code CAT. The company provides performance analytics and wearable tracking solutions designed to help professional and elite sports teams monitor athlete performance, improve training outcomes, and reduce injury risk across global sports markets.
YTD Price Performance: -13.98%
Average Trading Volume: 1,594,500
Technical Sentiment Signal: Buy
Current Market Cap: A$1.07B
For an in-depth examination of CAT stock, go to TipRanks’ Overview page.