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An announcement from Codan Limited ( (AU:CDA) ) is now available.
Codan Limited has announced a change in the director’s interest notice, specifically concerning Alfonzo Ianniello. The update reveals that Ianniello has acquired 31,613 ordinary shares while 40,714 performance rights have lapsed. This change in securities is part of the FY25 Short-Term Incentive (STI) plan, reflecting the company’s ongoing adjustments in executive compensation and aligning with its strategic goals. The announcement may impact stakeholders by indicating a shift in the company’s executive shareholding structure, potentially affecting investor confidence and market perception.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$29.60 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
More about Codan Limited
Codan Limited operates in the technology industry, focusing on the development and manufacturing of innovative communication and metal detection solutions. The company is known for its advanced electronic products that serve a variety of markets, including defense, security, and mining.
Average Trading Volume: 389,979
Technical Sentiment Signal: Buy
Current Market Cap: A$5.56B
For a thorough assessment of CDA stock, go to TipRanks’ Stock Analysis page.