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An update from a2 Milk Company ( (ACOPF) ) is now available.
The a2 Milk Company announced that its Executive Leadership Team (ELT) sold up to 50% of their shares received from the company’s FY23 Long-Term Incentive plan to cover tax obligations. This decision was made following a period during which ELT members were unable to sell shares due to significant company announcements, such as the Pokeno acquisition and MVM divestment. The Board supports the share sales as a reasonable measure to meet tax obligations, and ELT members may sell additional shares in future trading windows, ensuring compliance with Executive Minimum Shareholding Requirements.
More about a2 Milk Company
The a2 Milk Company operates in the dairy industry, focusing on the production and marketing of milk and related products that contain only the A2 protein type, which is marketed as being easier to digest for some consumers. The company is publicly traded on the NZX and ASX, with a market focus on health-conscious consumers seeking alternatives to traditional dairy products.
Find detailed analytics on ACOPF stock on TipRanks’ Stock Analysis page.