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An update from Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) is now available.
Nine Entertainment Co. Holdings Limited announced a change in the interests of its director, Matthew Stanton, involving the vesting and exercise of 15,872 performance rights, which resulted in the acquisition of an equal number of ordinary shares. Additionally, 83,324 performance rights lapsed as their vesting conditions were not met. This change reflects the company’s ongoing management of its incentive plans, impacting the director’s stake and potentially influencing stakeholder perceptions of executive alignment with company performance.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
More about Nine Entertainment Co. Holdings Limited
Nine Entertainment Co. Holdings Limited operates in the media industry, providing a range of entertainment services including television broadcasting, digital media, and content production. The company focuses on delivering diverse media content to a broad audience across Australia.
Average Trading Volume: 4,495,919
Technical Sentiment Signal: Buy
Current Market Cap: A$2.65B
For an in-depth examination of NEC stock, go to TipRanks’ Overview page.