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Downer EDI Limited Announces Director’s Interest Change

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Downer EDI Limited Announces Director’s Interest Change

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An update from Downer EDI Limited ( (AU:DOW) ) is now available.

Downer EDI Limited announced a change in the director’s interest, specifically concerning Peter John Tompkins. The change involves the forfeiture of 110,135 performance rights under the 2023 Long-Term Incentive (LTI) Plan due to unmet performance hurdles. This adjustment reflects the company’s adherence to performance-based incentives, impacting the director’s equity stake and potentially influencing stakeholder perceptions of executive performance alignment.

The most recent analyst rating on (AU:DOW) stock is a Hold with a A$7.50 price target. To see the full list of analyst forecasts on Downer EDI Limited stock, see the AU:DOW Stock Forecast page.

More about Downer EDI Limited

Downer EDI Limited operates in the engineering and infrastructure management services industry, providing integrated services in Australia and New Zealand. The company focuses on delivering solutions in transport, utilities, facilities, and asset services sectors.

Average Trading Volume: 1,189,727

Technical Sentiment Signal: Buy

Current Market Cap: A$4.92B

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

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