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Proxy Advisers Back Articore Board Stability Amid Strong Performance

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Proxy Advisers Back Articore Board Stability Amid Strong Performance

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Redbubble ( (AU:ATG) ) has issued an announcement.

Leading proxy advisers CGI Glass Lewis and ISS have recommended that Articore Group shareholders vote against all resolutions at the upcoming Extraordinary General Meeting aimed at removing current directors. The advisers found the case for change unconvincing and highlighted Articore’s recent strong financial performance, suggesting that further changes could disrupt ongoing reforms. Articore’s Board Chair, Robin Mendelson, emphasized the importance of maintaining board stability to continue delivering sustainable, long-term value to shareholders.

The most recent analyst rating on (AU:ATG) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Redbubble stock, see the AU:ATG Stock Forecast page.

More about Redbubble

Articore Group, previously known as Redbubble Limited, operates leading global online marketplaces Redbubble.com and TeePublic.com. These platforms enable a community of creatives to sell unique designs on everyday products such as apparel, stationery, and wall art, allowing independent artists to profit from their creativity.

Average Trading Volume: 390,946

Technical Sentiment Signal: Sell

Current Market Cap: A$66.53M

Find detailed analytics on ATG stock on TipRanks’ Stock Analysis page.

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