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An announcement from Nextdc Limited ( (AU:NXT) ) is now available.
NEXTDC Limited announced a change in the director’s interest notice, specifically regarding Craig Ian Scroggie’s holdings. The update reveals that 39,224 Performance Rights previously allocated under the NEXTDC Long Term Incentive Plan lapsed due to unmet vesting conditions, resulting in a decrease in the total number of Performance Rights held. This change reflects the company’s ongoing management of executive incentives and may impact stakeholders’ perceptions of the company’s performance and governance practices.
The most recent analyst rating on (AU:NXT) stock is a Buy with a A$18.35 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
More about Nextdc Limited
NEXTDC Limited operates in the data center industry, providing data center solutions and services. The company focuses on delivering secure, reliable, and scalable infrastructure for businesses to host their IT and cloud services, catering to a wide range of industries and market needs.
Average Trading Volume: 2,176,163
Technical Sentiment Signal: Buy
Current Market Cap: A$10.94B
Find detailed analytics on NXT stock on TipRanks’ Stock Analysis page.