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Duratec Limited Announces Director’s Interest Change

Story Highlights
  • Duratec Limited grants 850,000 performance rights to director Christopher John Oates.
  • The move aligns executive interests with company performance, indicating strategic growth focus.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Duratec Limited Announces Director’s Interest Change

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Duratec Limited ( (AU:DUR) ) has provided an update.

Duratec Limited has announced a change in the director’s interest, specifically for Christopher John Oates. The company has granted 850,000 performance rights expiring in 2029 to Mr. Oates as incentives, subject to performance conditions, increasing his total holdings to include these new rights. This move indicates a strategic effort by Duratec to align executive interests with company performance, potentially impacting the company’s operational focus and signaling confidence in future growth.

The most recent analyst rating on (AU:DUR) stock is a Buy with a A$1.87 price target. To see the full list of analyst forecasts on Duratec Limited stock, see the AU:DUR Stock Forecast page.

More about Duratec Limited

Average Trading Volume: 369,848

Technical Sentiment Signal: Buy

Current Market Cap: A$371M

For an in-depth examination of DUR stock, go to TipRanks’ Stock Analysis page.

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