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Challenger Limited Director’s Interest Update: Performance Rights Increase

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Challenger Limited Director’s Interest Update: Performance Rights Increase

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Challenger ( (AU:CGF) ) has provided an update.

Challenger Limited announced a change in the interests of its director, Nicolas Hamilton, who has acquired an additional 305,381 Hurdled Performance Share Rights as part of an annual remuneration review. This adjustment increases his total holdings to 1,680,858 Performance Rights and Restricted Shares under the Challenger Performance Plan, potentially impacting the company’s governance and aligning director incentives with company performance.

The most recent analyst rating on (AU:CGF) stock is a Hold with a A$8.50 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.

More about Challenger

Challenger Limited operates in the financial services industry, focusing on providing retirement income products and services. The company is known for its annuities and investment management offerings, catering primarily to retirees and those planning for retirement.

Average Trading Volume: 1,848,234

Technical Sentiment Signal: Buy

Current Market Cap: A$6.19B

Find detailed analytics on CGF stock on TipRanks’ Stock Analysis page.

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