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The latest update is out from Nextdc Limited ( (AU:NXT) ).
Nextdc Limited held its Annual General Meeting where several key resolutions were voted on. The remuneration report was not carried, with a significant majority voting against it. However, the re-election and election of directors, including Mr. Stephen M Smith, Mrs. Deborah Page, and Mr. Jamaludin Ibrahim, were successfully carried, indicating strong support for the company’s leadership. Additionally, the approval of performance rights for Mr. Craig Scroggie under the FY26 Long Term Incentive Plan was also carried, reflecting confidence in the company’s strategic direction.
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 offering secure, reliable, and scalable data center infrastructure to support businesses’ IT needs.
Average Trading Volume: 2,259,886
Technical Sentiment Signal: Buy
Current Market Cap: A$9.64B
Find detailed analytics on NXT stock on TipRanks’ Stock Analysis page.