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a2 Milk Company ( (ACOPF) ) just unveiled an announcement.
The a2 Milk Company announced that its Executive Leadership Team has sold up to 50% of their shares received from the company’s FY22 Long-Term Incentive plan to cover tax obligations. This decision aligns with the company’s policy, allowing executives to manage tax liabilities while maintaining required shareholding levels. The sales were previously restricted due to significant corporate activities, including acquisitions and divestments, but are now proceeding with board approval. The CEO and other executives continue to hold shares exceeding their minimum shareholding requirements, indicating confidence in the company’s future prospects.
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 type of beta-casein protein. The company targets consumers who are sensitive to the A1 protein found in regular milk, positioning itself as a provider of easily digestible dairy products.
See more data about ACOPF stock on TipRanks’ Stock Analysis page.