---
title: "Acrow Plans Share Issue Under Securities Purchase Plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290120926.md"
description: "Acrow Formwork and Construction Services Limited (AU:ACF) announced plans to issue up to 11,764,705 new ordinary shares under a securities purchase plan for existing shareholders. The offer, with a record date of June 17, 2026, aims to strengthen funding by tapping the shareholder base. This move supports operations or growth but may dilute non-participating holdings. Analysts maintain a 'Buy' rating with a A$1.25 price target."
datetime: "2026-06-18T00:38:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290120926.md)
  - [en](https://longbridge.com/en/news/290120926.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290120926.md)
generator: "portal-rs"
---

# Acrow Plans Share Issue Under Securities Purchase Plan

Acrow Formwork and Construction Services Limited ( (AU:ACF) ) has provided an announcement.

Acrow Limited has announced plans to issue up to 11,764,705 new ordinary fully paid shares under a securities purchase plan for existing shareholders. The offer, which has a record date of 17 June 2026 and is scheduled to close on 16 July 2026, will see the new securities issued on 23 July 2026, subject to ASX quotation requirements and standard listing rule conditions.

The capital raising via the securities purchase plan is aimed at strengthening Acrow’s funding position by tapping its shareholder base rather than relying solely on institutional placements or debt. The move may provide additional flexibility for the company to support ongoing operations or growth initiatives, while potentially diluting existing holdings for shareholders who choose not to participate in the offer.

The most recent analyst rating on (AU:ACF) stock is a Buy  
 with a A$1.25 price target.  
 To see the full list of analyst forecasts on Acrow Formwork and Construction Services Limited stock,  
 see the AU:ACF Stock Forecast page. 

**More about Acrow Formwork and Construction Services Limited**

Acrow Limited is an Australian company listed on the ASX under the code ACF, operating in the construction and formwork services sector. The company focuses on providing formwork, scaffolding and related construction services and equipment to infrastructure and building projects across its domestic market.

**Average Trading Volume:** 517,715

**Technical Sentiment Signal:** Hold

**Current Market Cap:** A$282.5M

Learn more about ACF stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [ACF.AU](https://longbridge.com/en/quote/ACF.AU.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**