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Austal ( (AU:ASB) ) has provided an update.
Austal Limited announced the cessation of John Rothwell as a director, effective September 1, 2025. This change in the board may impact the company’s governance and strategic direction, given Rothwell’s significant role and interests in the company, including a substantial holding of 18,601,692 securities through Austro Pty Ltd.
The most recent analyst rating on (AU:ASB) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Austal stock, see the AU:ASB Stock Forecast page.
More about Austal
Austal Limited operates in the shipbuilding industry, focusing on the design and construction of defense and commercial vessels. The company is known for its innovative maritime solutions and serves a global market with a strong emphasis on high-speed aluminum vessels.
Average Trading Volume: 1,204,201
Technical Sentiment Signal: Buy
Current Market Cap: A$3.27B
See more insights into ASB stock on TipRanks’ Stock Analysis page.