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An announcement from Kelsian Group Limited ( (AU:KLS) ) is now available.
Kelsian Group has announced the resignation of non-executive director Neil Smith, effective 28 February 2026, due to health reasons. Smith, a founder and former chairman of Transit Systems Group prior to its 2020 acquisition by Kelsian, was credited with helping build Australia’s largest private metropolitan bus operator and expanding Kelsian’s global footprint.
Chair Fiona Hele praised Smith as a global expert in public and sustainable transport whose leadership and guidance have significantly shaped Kelsian’s success. The board said it will continue to review its structure and composition to ensure it has the skills and experience needed for effective governance, and will update the market on any further changes.
The most recent analyst rating on (AU:KLS) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Kelsian Group Limited stock, see the AU:KLS Stock Forecast page.
More about Kelsian Group Limited
Kelsian Group is a leading global operator of bus, motorcoach and marine transport services, providing safe, reliable and sustainable passenger solutions for government and private clients. With over 30 years of experience across Australia, the UK, Singapore, the USA and the Channel Islands, it runs major brands including Transit Systems, All Aboard America! Holdings and Tower Transit, as well as SeaLink’s essential ferry operations.
Average Trading Volume: 421,068
Technical Sentiment Signal: Sell
Current Market Cap: A$1.08B
See more data about KLS stock on TipRanks’ Stock Analysis page.