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Nextdc Limited ( (AU:NXT) ) has provided an announcement.
NEXTDC Limited announced that over 25% of votes were against the adoption of the remuneration report at their Annual General Meeting, marking a ‘first strike’ under the Corporations Act 2001. This outcome may impact the company’s governance and stakeholder relations, highlighting potential concerns among shareholders regarding executive compensation.
The most recent analyst rating on (AU:NXT) stock is a Hold with a A$16.00 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 is an ASX 100-listed technology company specializing in Data Centre-as-a-Service, providing infrastructure for the digital economy. It is recognized for its Tier IV certified facilities and focuses on sustainability and operational excellence, offering a dynamic digital marketplace for cloud and IT service providers.
Average Trading Volume: 2,287,396
Technical Sentiment Signal: Hold
Current Market Cap: A$9.14B
For detailed information about NXT stock, go to TipRanks’ Stock Analysis page.