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Austal Limited Announces Director Departure and Final Interest Notice

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Austal Limited Announces Director Departure and Final Interest Notice

Austal Limited ( (AU:ASB) ) has provided an update.

Austal Limited announced that Sarah Adam-Gedge has ceased to be a director as of February 28, 2025. The final director’s interest notice reveals that Adam-Gedge held 108,802 securities, consisting of 20,000 shares purchased on the market and 88,802 ordinary shares issued upon the conversion of all share rights upon her cessation of employment. This change in directorship may impact the company’s governance and strategic direction.

More about Austal Limited

Austal Limited operates in the shipbuilding industry, specializing in the design and construction of defense and commercial vessels. The company is known for its innovative maritime solutions and serves a global market, focusing on high-speed aluminum vessels and support services.

YTD Price Performance: 30.88%

Average Trading Volume: 3,762

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $980.1M

See more insights into ASB stock on TipRanks’ Stock Analysis page.

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