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CVC Limited ( (AU:CVC) ) has shared an update.
CVC Limited has announced a change in the interests of its director, Mark Avery, specifically the lapse of 1,700,000 performance rights held by him as a trustee for the Avery Investment Trust. This change does not affect the 9,500 ordinary shares held indirectly by Mark Avery through HUB24 Superfund Trustee – Diversa Pty Ltd. The lapse of performance rights could indicate a shift in the director’s investment strategy or a change in the company’s incentive structure, potentially impacting stakeholders’ perceptions of the company’s governance and future performance.
The most recent analyst rating on (AU:CVC) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on CVC Limited stock, see the AU:CVC Stock Forecast page.
More about CVC Limited
Average Trading Volume: 9,063
Technical Sentiment Signal: Buy
Current Market Cap: A$241.4M
Learn more about CVC stock on TipRanks’ Stock Analysis page.