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Iluka Resources Limited ( (AU:ILU) ) has shared an announcement.
Iluka Resources Limited has announced a change in the interests of its Managing Director, Thomas O’Leary, in the company’s securities. The change involves the allocation of fully paid ordinary shares through the Iluka Resources Limited Employee Share Plan Trust as part of the 2024 Short-Term Incentive Award. This adjustment reflects the company’s ongoing commitment to aligning executive interests with shareholder value, as approved in the 2025 Annual General Meeting. The update is part of a broader executive incentive framework, including Performance Rights and Restricted Rights under various Executive Incentive Plans and Long-Term Incentive Plans, aimed at enhancing the company’s competitive positioning and rewarding leadership performance.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$6.40 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
More about Iluka Resources Limited
Iluka Resources Limited is a company involved in the resources industry, focusing on the production and exploration of mineral sands. The company is known for its operations in the mining sector, particularly in the extraction and processing of zircon and titanium dioxide products, which are essential for various industrial applications.
Average Trading Volume: 5,434,356
Technical Sentiment Signal: Buy
Current Market Cap: A$2.72B
For an in-depth examination of ILU stock, go to TipRanks’ Overview page.