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The latest update is out from Ama Group Limited ( (AU:AMA) ).
AMA Group Limited announced the departure of its CEO, Mathew Cooper, and the appointment of Ray Smith-Roberts as the new Managing Director. This leadership change comes as the company aims to enhance the performance of its operations, particularly within the AMA Collision business. The company has recently achieved significant financial milestones, including a capital raise, debt extension, and refinancing of banking facilities, positioning itself for further operational improvements under Smith-Roberts’ leadership.
More about Ama Group Limited
AMA Group Limited operates in the automotive industry, focusing primarily on collision repair services. The company is known for its AMA Collision business and has recently been involved in financial restructuring and expanding its partnership with Suncorp.
YTD Price Performance: -3.33%
Average Trading Volume: 5,142,091
Technical Sentiment Signal: Buy
Current Market Cap: A$277.4M
For an in-depth examination of AMA stock, go to TipRanks’ Stock Analysis page.