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Harmoney Corp Ltd Discloses Financial Assistance in Employee Share Scheme

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Harmoney Corp Ltd Discloses Financial Assistance in Employee Share Scheme

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Harmoney Corp Ltd ( (AU:HMY) ) just unveiled an update.

Harmoney Corp Ltd announced the provision of financial assistance under its employee share scheme, involving the transfer of 1,628,816 shares at a total cost of AU$1,303,052.80. This action benefits David Stevens, an executive director, and Neil Roberts, a non-executive director, aligning with the company’s Long Term Incentive Plan. This move reflects Harmoney’s commitment to rewarding its leadership and aligns with its strategic goals, potentially impacting its market positioning by reinforcing leadership stability.

The most recent analyst rating on (AU:HMY) stock is a Buy with a A$1.14 price target. To see the full list of analyst forecasts on Harmoney Corp Ltd stock, see the AU:HMY Stock Forecast page.

More about Harmoney Corp Ltd

Harmoney Corp Ltd is a consumer-direct personal lender operating in Australia and New Zealand, offering personal loans that are fast, easy, and competitively priced through a fully online platform. The company utilizes its proprietary digital lending platform, Stellare®, which employs machine learning for automated credit decisioning and risk-based pricing. Harmoney’s operations are supported by a team primarily based in Auckland, New Zealand, and it benefits from a diversified funding panel, including partnerships with major banks.

Average Trading Volume: 65,778

Technical Sentiment Signal: Buy

Current Market Cap: A$85.85M

For detailed information about HMY stock, go to TipRanks’ Stock Analysis page.

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