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FAR Ltd ( (AU:FAR) ) has provided an announcement.
FAR Limited has released its Corporate Governance Statement outlining how it complies with the ASX Corporate Governance Council’s principles and recommendations for the 2025 financial year, including where it departs from best practice and why. The board has formalised its role through a Board Charter, clear delegations of authority and regular performance review, and it has embedded policies for director appointments, written agreements with directors and senior executives, and direct accountability of the company secretary to the chair, together with a disclosed diversity policy and gender diversity objectives, reinforcing disciplined oversight and stakeholder protections.
The statement details the board’s responsibilities for setting strategy, approving budgets and major capital expenditure, overseeing risk management and internal controls, and managing the appointment and removal of senior executives and the company secretary. It also confirms that FAR conducts comprehensive checks on prospective directors, provides shareholders with detailed biographical information for election decisions and ensures directors receive extensive reporting and access to company records, which collectively are intended to enhance governance transparency and investor confidence.
The most recent analyst rating on (AU:FAR) stock is a Hold with a A$0.46 price target. To see the full list of analyst forecasts on FAR Ltd stock, see the AU:FAR Stock Forecast page.
More about FAR Ltd
FAR Limited is an Australian listed company that operates in a sector where adherence to ASX corporate governance standards is a core requirement, and it tailors its governance framework to its size, operational reach and industry characteristics. The company has established a suite of board charters and corporate policies covering areas such as anti‑bribery and corruption, diversity, environment and sustainability, market disclosure, risk management, climate change and whistleblowing, signalling a focus on transparent, compliant and responsible management.
Average Trading Volume: 126,241
Technical Sentiment Signal: Hold
Current Market Cap: A$53.6M
See more insights into FAR stock on TipRanks’ Stock Analysis page.