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Austal Ltd Updates Director Onboarding Process to Ensure Compliance

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Austal Ltd Updates Director Onboarding Process to Ensure Compliance

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Austal ( (AU:ASB) ) has provided an announcement.

Austal Ltd addressed a late filing of the Appendix 3X due to an administrative oversight in the onboarding process of new directors. The company has reviewed and updated its procedures to prevent future occurrences, ensuring compliance with the Australian Securities Exchange’s disclosure obligations.

The most recent analyst rating on (AU:ASB) stock is a Hold with a A$4.07 price target. To see the full list of analyst forecasts on Austal stock, see the AU:ASB Stock Forecast page.

More about Austal

Austal Ltd operates in the shipbuilding industry, focusing on the design and construction of defense and commercial vessels. The company is known for its innovative ship designs and has a significant presence in the global maritime market.

Average Trading Volume: 1,480,585

Technical Sentiment Signal: Buy

Current Market Cap: A$2.53B

For a thorough assessment of ASB stock, go to TipRanks’ Stock Analysis page.

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