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The latest announcement is out from Hancock & Gore Limited ( (AU:HNG) ).
H&G High Conviction Limited (ASX: HCF) has completed an in-specie distribution of Hancock & Gore Limited (ASX: HNG) shares to its shareholders following a recent asset divestment. As a result, HCF no longer holds shares in H&G. This strategic move has led to a reformation of the HCF Board, with the appointment of two new non-executive directors, Alexander ‘Sandy’ Beard and Angus Murnaghan, and the retirement of David Groves and Dennison Hambling. The changes are expected to bring experienced leadership to the company, potentially impacting its future operations and shareholder returns.
More about Hancock & Gore Limited
YTD Price Performance: -15.52%
Average Trading Volume: 114,348
Technical Sentiment Signal: Buy
Current Market Cap: A$133.3M
For a thorough assessment of HNG stock, go to TipRanks’ Stock Analysis page.