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Harvey Norman Announces Cessation of Performance Rights

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Harvey Norman Announces Cessation of Performance Rights

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Harvey Norman Holdings Ltd ( (AU:HVN) ) has issued an announcement.

Harvey Norman Holdings Ltd announced the cessation of 1,049,857 performance rights due to the conditions for these securities not being met or becoming incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational strategies and performance metrics.

The most recent analyst rating on (AU:HVN) stock is a Hold with a A$8.00 price target. To see the full list of analyst forecasts on Harvey Norman Holdings Ltd stock, see the AU:HVN Stock Forecast page.

More about Harvey Norman Holdings Ltd

Harvey Norman Holdings Ltd is a retail company operating in the home and lifestyle sector, offering a wide range of products including electronics, furniture, and appliances. The company is known for its extensive network of stores and a strong market presence in Australia and other countries.

Average Trading Volume: 1,562,736

Technical Sentiment Signal: Buy

Current Market Cap: A$9.25B

For a thorough assessment of HVN stock, go to TipRanks’ Stock Analysis page.

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