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Acrow Formwork and Construction Services Limited ( (AU:ACF) ) has provided an update.
Acrow Limited announced a change in the director’s interest, specifically for Director Steven Boland, who acquired 60,000 fully paid ordinary shares at $0.97 per share through an on-market trade. This change increases his total holdings to 5,652,062 fully paid ordinary shares, while his long-term variable remuneration performance rights remain unchanged. The announcement reflects a strategic move by the director to increase his stake in the company, potentially signaling confidence in the company’s future performance.
The most recent analyst rating on (AU:ACF) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Acrow Formwork and Construction Services Limited stock, see the AU:ACF Stock Forecast page.
More about Acrow Formwork and Construction Services Limited
Average Trading Volume: 476,900
Technical Sentiment Signal: Sell
Current Market Cap: A$294.1M
Find detailed analytics on ACF stock on TipRanks’ Stock Analysis page.