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The latest announcement is out from Emeco Holdings Limited ( (AU:EHL) ).
Emeco Holdings Limited issued a correction to a previously released document regarding the change in director Ian Testrow’s interest in the company. The correction clarified that the number of unvested performance rights held by Mr. Testrow was overstated due to an administrative error, with the correct number being 7,217,871 instead of the previously reported 7,697,063. This adjustment reflects the accurate vesting of performance rights under Emeco’s FY23 Long Term Incentive Plan, ensuring transparency and accuracy in the company’s reporting.
The most recent analyst rating on (AU:EHL) stock is a Buy with a A$1.23 price target. To see the full list of analyst forecasts on Emeco Holdings Limited stock, see the AU:EHL Stock Forecast page.
More about Emeco Holdings Limited
Emeco Holdings Limited operates in the equipment rental industry, providing heavy earthmoving equipment solutions to mining companies and other sectors. The company focuses on delivering reliable and cost-effective equipment rental services to enhance operational efficiency for its clients.
Average Trading Volume: 709,141
Technical Sentiment Signal: Buy
Current Market Cap: A$539.8M
See more insights into EHL stock on TipRanks’ Stock Analysis page.