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MedAdvisor AGM Results Highlight Shareholder Concerns

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MedAdvisor AGM Results Highlight Shareholder Concerns

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MedAdvisor Limited ( (AU:MDR) ) has provided an announcement.

MedAdvisor Limited announced the results of its Annual General Meeting, where all resolutions except the adoption of the FY25 Remuneration Report were passed by the requisite majority. The rejection of the Remuneration Report marks a ‘first strike’ under the Corporations Act 2001, indicating potential shareholder dissatisfaction. This outcome could influence future governance and compensation strategies, impacting stakeholder relations and company operations.

The most recent analyst rating on (AU:MDR) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on MedAdvisor Limited stock, see the AU:MDR Stock Forecast page.

More about MedAdvisor Limited

MedAdvisor Solutions (ASX: MDR) is a leader in pharmacy-driven patient engagement solutions, offering personalized experiences to simplify the patient medication journey. The company utilizes THRiV, a cloud-based, AI-enabled platform to enhance pharmacy workflows and patient engagement. MedAdvisor Solutions collaborates with over 34,000 pharmacies across the US, reaching over two-thirds of the population.

Average Trading Volume: 1,465,632

Technical Sentiment Signal: Sell

Current Market Cap: A$12.69M

For a thorough assessment of MDR stock, go to TipRanks’ Stock Analysis page.

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