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Aussie Broadband Director’s Shareholding Update

Story Highlights
  • Aussie Broadband Limited operates in the telecommunications industry, providing internet services.
  • Director Susan Klose converted 6,180 NED Rights into shares, now holding 11,599 shares.
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Aussie Broadband Director’s Shareholding Update

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

Aussie Broadband Limited announced a change in the interest of its director, Susan Klose, involving the conversion of 6,180 FY25 NED Rights into Ordinary Shares. This transaction, executed under the Non-executive Director Fee Sacrifice Plan, resulted in Klose holding 11,599 Ordinary Shares and 6,180 FY25 NED Rights post-conversion. The change reflects the company’s ongoing governance practices and may influence investor perceptions regarding director confidence and alignment with shareholder interests.

More about Aussie Broadband Ltd.

Aussie Broadband Limited operates in the telecommunications industry, providing internet and broadband services primarily in Australia. The company focuses on delivering high-speed internet solutions and has a market presence that caters to both residential and business customers.

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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