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Megaport ( (AU:MP1) ) has shared an update.
Megaport has released its FY25 Corporate Governance Statement, highlighting its commitment to high standards of corporate governance. The company has reviewed and updated its risk management framework and corporate governance policies to ensure they remain effective. Key changes include the addition of Mohit Lad and Grant Dempsey to the Board, the latter also serving as Chair of the Audit & Risk Committee. The company has also updated its Board Skills matrix and Whistleblowing policy, and approved its Modern Slavery Statement for 2024. These updates aim to align the company’s governance practices with its global NaaS business capabilities and support employee development through initiatives like the FY25 Mentorship Program.
The most recent analyst rating on (AU:MP1) stock is a Hold with a A$15.95 price target. To see the full list of analyst forecasts on Megaport stock, see the AU:MP1 Stock Forecast page.
More about Megaport
Megaport operates in the global connectivity industry, focusing on providing Network as a Service (NaaS) solutions. The company emphasizes transparency, neutrality, flexibility, immediacy, and transformation to enhance cloud adoption. Megaport aims to break down barriers and deliver agile, reliable, and trusted connectivity solutions worldwide.
Average Trading Volume: 536,166
Technical Sentiment Signal: Buy
Current Market Cap: A$2.44B
For an in-depth examination of MP1 stock, go to TipRanks’ Overview page.