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Austal ( (AU:ASB) ) has shared an update.
Austal Limited has announced the appointment of Susan Murphy AO as a Non-Executive Director, effective from September 2025. With her extensive experience in engineering, infrastructure, and corporate governance, Murphy’s addition to the board is expected to enhance Austal’s strategic development and global business growth. Her appointment marks the completion of a significant board refresh over the past two years, positioning Austal for continued success in the global shipbuilding industry.
The most recent analyst rating on (AU:ASB) stock is a Hold with a A$6.75 price target. To see the full list of analyst forecasts on Austal stock, see the AU:ASB Stock Forecast page.
More about Austal
Austal is a global shipbuilder and defense prime contractor based in Australia, known for designing, constructing, and sustaining advanced commercial and defense vessels. Over its 35-year history, Austal has contracted more than 350 vessels for over 122 operators in 59 countries, making it Australia’s largest defense exporter and the first ASX-listed shipbuilder. The company operates industry-leading shipyards in Australia, the USA, the Philippines, and Vietnam, and is recognized as the world’s largest aluminum shipbuilder.
Average Trading Volume: 1,288,201
Technical Sentiment Signal: Buy
Current Market Cap: A$2.84B
Learn more about ASB stock on TipRanks’ Stock Analysis page.