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IPD Group Ltd ( (AU:IPG) ) has shared an announcement.
IPD Group Limited announced that Mohamed Yoosuff, the company’s largest shareholder, has transferred 500,000 shares to his family’s charitable foundation, Yoosuff Foundation. This transaction reflects Yoosuff’s continued confidence in the company’s future, as his total shareholding remains substantial and exceeds his holdings at the time of the company’s ASX listing in 2021.
The most recent analyst rating on (AU:IPG) stock is a Buy with a A$5.50 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 a provider of electrical solutions focused on energy management and automation. The company emphasizes energy efficiency, automation, and secure connectivity while prioritizing safety and wellbeing. IPD is committed to innovation and plays a significant role in the electrification and decarbonisation of the economy.
Average Trading Volume: 205,238
Technical Sentiment Signal: Sell
Current Market Cap: A$305.9M
See more insights into IPG stock on TipRanks’ Stock Analysis page.