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Humm Group Limited ( (AU:HUM) ) has issued an update.
Humm Group Limited is confronting a shareholder-led attempt to overhaul its board, with activist investors Jeremy Michael Kersten Raper and Sandhurst Trustees (as custodian for Collins St Value Fund) calling a general meeting on 19 February 2026 to remove three current directors and install two of their own nominees. In a detailed response, the existing board has unanimously urged shareholders to vote against all proposed resolutions, arguing that its current strategy has delivered strong returns, that the activists’ plan is reckless and based on misleading claims, and that replacing directors would jeopardise the company’s capital strength, lender relationships, governance standards and long-term value creation for all shareholders.
The most recent analyst rating on (AU:HUM) stock is a Buy with a A$0.87 price target. To see the full list of analyst forecasts on Humm Group Limited stock, see the AU:HUM Stock Forecast page.
More about Humm Group Limited
Humm Group Limited is a financial services company focused on consumer and small business lending, including instalment and buy-now-pay-later style products, operating primarily in the Australian market.
Average Trading Volume: 1,653,978
Technical Sentiment Signal: Buy
Current Market Cap: A$370M
For a thorough assessment of HUM stock, go to TipRanks’ Stock Analysis page.