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Acrow Formwork and Construction Services Limited ( (AU:ACF) ) has issued an update.
Acrow Limited announced that all resolutions were passed at its Annual General Meeting, reflecting strong shareholder support for the company’s strategic direction. The successful passing of these resolutions, including the re-election of directors and adoption of the rights plan, underscores Acrow’s stable governance and commitment to growth, which may positively impact its market positioning and stakeholder confidence.
The most recent analyst rating on (AU:ACF) stock is a Buy with a A$1.68 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
Acrow Limited is a prominent provider of integrated construction systems in Australia, specializing in formwork, industrial services, and commercial scaffolding. The company also offers falsework and shoring, screen solutions, and internal engineering capabilities. With over 80 years of experience, Acrow has established itself as a national leader in the construction industry, focusing on innovation and expansion within the civil infrastructure market.
Average Trading Volume: 403,704
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$344.9M
For a thorough assessment of ACF stock, go to TipRanks’ Stock Analysis page.