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hipages Group Holdings Ltd. ( (AU:HPG) ) has issued an announcement.
hipages Group Holdings Ltd has announced a CEO Special Short-Term Incentive (STI) award for CEO and Co-Founder Roby Sharon-Zipser, aimed at incentivizing shareholder value creation and achieving strategic outcomes during the company’s next growth phase. This incentive is designed to enhance company productivity and efficiency, with targets set higher than existing STI targets, focusing on Free Cash Flow Margin performance. The CEO Special STI will be eligible in FY26, with in-principle approval for FY27, and includes performance rights subject to shareholder approval and meeting vesting conditions. This move highlights the company’s focus on sustainable growth and operational efficiency, with potential implications for stakeholders in terms of enhanced company performance and shareholder value.
The most recent analyst rating on (AU:HPG) stock is a Hold with a A$1.37 price target. To see the full list of analyst forecasts on hipages Group Holdings Ltd. stock, see the AU:HPG Stock Forecast page.
More about hipages Group Holdings Ltd.
hipages Group Holdings Ltd is an online tradie marketplace and Software-as-a-Service (SaaS) platform that connects tradies with residential and commercial consumers through its platforms hipages Australia and hipages New Zealand (Builderscrack). The company has facilitated nearly 5 million Australians and New Zealanders in finding, hiring, and managing trusted tradies, providing work to almost 35,000 subscribed trade businesses. Its proprietary workflow management platform, Tradiecore, is central to its strategic evolution from a marketplace to a platform, helping tradies manage their workflow from lead generation to payment and completion.
Average Trading Volume: 202,077
Technical Sentiment Signal: Buy
Current Market Cap: A$179.3M
See more insights into HPG stock on TipRanks’ Stock Analysis page.