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IPD Group Updates Market on Director Mohamed Yoosuff’s Securities Holdings

Story Highlights
  • IPD Group disclosed updated details of director Mohamed Yoosuff’s direct and indirect shareholdings.
  • The company reported the disposal of 6,869 FY24 Performance Rights by Yoosuff, with no change to his share count.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IPD Group Updates Market on Director Mohamed Yoosuff’s Securities Holdings

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IPD Group Ltd ( (AU:IPG) ) just unveiled an update.

IPD Group Limited has reported a change in the interests of director Mohamed Yoosuff, detailing his direct and indirect holdings in the company’s ordinary fully paid shares and performance rights as required under ASX listing rules. The notice confirms that 6,869 FY24 Performance Rights previously held by Yoosuff under the company’s Employee Incentive Plan have been disposed of, leaving his direct and indirect shareholdings unchanged, a move that clarifies his current equity position for investors and enhances transparency around executive incentives and ownership structure.

The most recent analyst rating on (AU:IPG) stock is a Buy with a A$4.83 price target. To see the full list of analyst forecasts on IPD Group Ltd stock, see the AU:IPG Stock Forecast page.

More about IPD Group Ltd

IPD Group Limited is an Australian publicly listed company. The release relates to changes in the equity holdings of one of its directors rather than detailing the company’s operating activities, products, or specific industry focus.

Average Trading Volume: 168,493

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$454.9M

For an in-depth examination of IPG stock, go to TipRanks’ Overview page.

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