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NIB Holdings Director Sells Shares to Meet Tax Obligations

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NIB Holdings Director Sells Shares to Meet Tax Obligations

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NIB Holdings Ltd ( (AU:NHF) ) has shared an announcement.

NIB Holdings Ltd announced a change in the director’s interest notice for Mr. Edward Close. Mr. Close sold a total of 53,736 NIB shares, both directly and indirectly, to meet a personal income tax obligation and transferred shares off-market to a family trust. This transaction reflects a personal financial decision by Mr. Close and does not indicate any strategic shift in the company’s operations or market positioning.

The most recent analyst rating on (AU:NHF) stock is a Hold with a A$7.85 price target. To see the full list of analyst forecasts on NIB Holdings Ltd stock, see the AU:NHF Stock Forecast page.

More about NIB Holdings Ltd

YTD Price Performance: 41.09%

Average Trading Volume: 885,818

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$3.61B

See more insights into NHF stock on TipRanks’ Stock Analysis page.

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