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Bapcor Ltd ( (AU:BAP) ) has provided an announcement.
Bapcor Ltd has announced significant changes to its Board with Lachlan Edwards appointed as the Independent Non-Executive Chair and Kate Spargo taking on the new role of Deputy Chair. Angus McKay will step down from the Board to focus on his role as CEO, aiming to drive the company’s turnaround strategy. These changes are part of a broader effort to enhance governance structures and support management in executing Bapcor’s five-year strategy, which is expected to improve business performance and deliver sustainable growth.
The most recent analyst rating on (AU:BAP) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Bapcor Ltd stock, see the AU:BAP Stock Forecast page.
More about Bapcor Ltd
Bapcor Ltd operates in the automotive aftermarket industry, providing a range of products and services including vehicle parts, accessories, equipment, and services. The company focuses on the Australasian market, aiming to deliver long-term shareholder value through strategic initiatives.
YTD Price Performance: -52.95%
Average Trading Volume: 1,582,110
Technical Sentiment Signal: Sell
Current Market Cap: A$729.7M
Learn more about BAP stock on TipRanks’ Stock Analysis page.