Dicker Data Clarifies Private Escrow Arrangement for Substantial Shareholding

An announcement from Dicker Data Limited ( (AU:DDR) ) is now available.

Dicker Data has clarified that the escrow arrangement concerning Mr. David Dicker’s remaining shares is a private agreement with Barrenjoey Markets Pty Limited and not a company-imposed restriction. This announcement highlights the company’s transparency in its operations and may reassure stakeholders regarding the management of substantial shareholdings.

The most recent analyst rating on (AU:DDR) stock is a Buy with a A$10.40 price target. To see the full list of analyst forecasts on Dicker Data Limited stock, see the AU:DDR Stock Forecast page.

More about Dicker Data Limited

Dicker Data (ASX: DDR) is an Australian-owned and operated technology hardware, software, and cloud distributor, established in 1978. The company focuses on selling exclusively to its partner base, developing strong long-term relationships, and adapting to changing market conditions to enhance profitability. Dicker Data distributes products from leading technology vendors such as Cisco, Citrix, Dell Technologies, Hewlett Packard Enterprise, HP, Lenovo, and Microsoft.

Average Trading Volume: 326,777

Technical Sentiment Signal: Buy

Current Market Cap: A$1.57B

See more data about DDR stock on TipRanks’ Stock Analysis page.