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OFX Group Ltd. ( (AU:OFX) ) has provided an update.
OFX Group Limited announced a change in the indirect interest of its director, John Alexander Malcolm, who acquired an additional 1,889,350 performance rights as part of the company’s employee share plan. This acquisition, approved by shareholders, reflects the company’s strategy to incentivize its leadership through performance-based rewards, potentially impacting its operational focus and aligning management interests with shareholder value.
The most recent analyst rating on (AU:OFX) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on OFX Group Ltd. stock, see the AU:OFX Stock Forecast page.
More about OFX Group Ltd.
OFX Group Limited operates in the financial services industry, primarily focusing on providing international money transfers and foreign exchange services. The company caters to both individual and business clients, offering competitive exchange rates and a user-friendly platform for global transactions.
Average Trading Volume: 1,245,469
Technical Sentiment Signal: Sell
Current Market Cap: A$186M
See more data about OFX stock on TipRanks’ Stock Analysis page.