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Lesaka Technologies Holds Annual Shareholder Meeting

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Lesaka Technologies Holds Annual Shareholder Meeting

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Lesaka Technologies ( (LSAK) ) just unveiled an announcement.

Lesaka Technologies recently held its Annual Meeting where shareholders voted on several key proposals. All director nominees were elected, KPMG, Inc. was ratified as the independent registered public accounting firm for the fiscal year ending June 30, 2026, executive compensation was approved on an advisory basis, and an amendment to increase the number of shares authorized for issuance by 3,000,000 was passed.

The most recent analyst rating on (LSAK) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Lesaka Technologies stock, see the LSAK Stock Forecast page.

Spark’s Take on LSAK Stock

According to Spark, TipRanks’ AI Analyst, LSAK is a Neutral.

Lesaka Technologies’ overall stock score is primarily influenced by its financial performance challenges, including profitability and cash flow issues. However, the company shows promise with strong earnings growth and strategic initiatives highlighted in the earnings call. The recent credit facility further supports its growth potential. Technical indicators suggest a neutral trend, while valuation metrics highlight ongoing financial difficulties.

To see Spark’s full report on LSAK stock, click here.

More about Lesaka Technologies

Average Trading Volume: 47,009

Technical Sentiment Signal: Sell

Current Market Cap: $341.4M

Learn more about LSAK stock on TipRanks’ Stock Analysis page.

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