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Aussie Broadband Director Converts Rights into Shares

Story Highlights
  • Aussie Broadband operates in the telecommunications industry, offering internet services.
  • Director Vicky Papachristos converted 3,712 NED Rights into shares, impacting her stake.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aussie Broadband Director Converts Rights into Shares

The latest update is out from Aussie Broadband Ltd. ( (AU:ABB) ).

Aussie Broadband Limited announced a change in the director’s interest, with Vicky Papachristos converting 3,712 FY25 NED Rights into Ordinary Shares. This transaction reflects the company’s Non-executive Director Fee Sacrifice Plan, potentially impacting the director’s stake and aligning interests with shareholders.

More about Aussie Broadband Ltd.

Aussie Broadband Limited operates in the telecommunications industry, providing internet services and related products to consumers and businesses in Australia.

YTD Price Performance: 8.10%

Average Trading Volume: 365,273

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$1.14B

For a thorough assessment of ABB stock, go to TipRanks’ Stock Analysis page.

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