Aussie Broadband Director Sells Shares to Invest in Rural Fibre Initiative

Aussie Broadband Ltd. ( (AU:ABB) ) just unveiled an announcement.

Non-Executive Director Phillip Britt of Aussie Broadband Ltd has sold 400,000 shares to invest in his community-oriented venture, Rural Fibre Co, in Gippsland, Victoria. Despite the sale, Britt remains a significant shareholder and committed to his roles within the company. The trading window for the company is currently closed until the release of its financial results for the fiscal year ending June 2025.

The most recent analyst rating on (AU:ABB) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Aussie Broadband Ltd. stock, see the AU:ABB Stock Forecast page.

More about Aussie Broadband Ltd.

Aussie Broadband Ltd is a telecommunications company that provides internet services and infrastructure solutions in Australia. The company focuses on delivering high-quality broadband services to residential and business customers, with a strong emphasis on customer satisfaction and community engagement.

Average Trading Volume: 909,291

Technical Sentiment Signal: Buy

Current Market Cap: A$1.19B

See more data about ABB stock on TipRanks’ Stock Analysis page.