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Emeco Holdings Limited ( (AU:EHL) ) has issued an announcement.
Emeco Holdings has advised that Managing Director Ian Testrow has undertaken an off-market transaction to reorganise some of his fully vested shareholdings in the company, without changing his overall interest in Emeco shares. The company emphasised that Testrow has no intention of disposing of his holdings and remains fully committed to Emeco and the execution of its growth strategy, signalling management stability and continued leadership alignment with shareholders’ interests.
The most recent analyst rating on (AU:EHL) stock is a Hold with a A$1.50 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 is an Australian-listed company on the ASX (ASX: EHL) that operates in the heavy equipment solutions sector, supporting mining and related industries with equipment and related services from its base in Osborne Park, Western Australia.
Average Trading Volume: 731,751
Technical Sentiment Signal: Buy
Current Market Cap: A$671M
For a thorough assessment of EHL stock, go to TipRanks’ Stock Analysis page.