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Aussie Broadband Announces Director’s Shareholding Update

Story Highlights
  • Aussie Broadband operates in the telecommunications industry, offering internet services.
  • Director Adrian Fitzpatrick converted NED Rights to shares, impacting his holdings.
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Aussie Broadband Announces Director’s Shareholding Update

Aussie Broadband Ltd. ( (AU:ABB) ) has shared an update.

Aussie Broadband Limited announced a change in the director’s interest, specifically involving Adrian Fitzpatrick. On February 27, 2025, Fitzpatrick converted 7,110 FY25 NED Rights into Ordinary Shares, increasing his total holdings to 65,094 Ordinary Shares. This transaction was part of the Non-executive Director Fee Sacrifice Plan Rules and reflects the company’s ongoing adjustments in director shareholdings, potentially impacting stakeholder perceptions of governance and director alignment with shareholder interests.

More about Aussie Broadband Ltd.

Aussie Broadband Limited operates in the telecommunications industry, providing internet and broadband services to residential and business customers across Australia. The company focuses on delivering high-quality, reliable internet services and has a strong market presence in the Australian broadband sector.

YTD Price Performance: 8.10%

Average Trading Volume: 365,273

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$1.14B

For an in-depth examination of ABB stock, go to TipRanks’ Stock Analysis page.

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