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PWR Holdings Announces Cessation of Performance Rights

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PWR Holdings Announces Cessation of Performance Rights

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PWR Holdings ( (AU:PWH) ) just unveiled an announcement.

PWR Holdings Limited has announced the cessation of 155,412 performance rights due to the lapse of conditional rights that were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and reflects on the challenges in meeting certain performance conditions, which could have implications for stakeholders and the company’s strategic objectives.

The most recent analyst rating on (AU:PWH) stock is a Hold with a A$8.00 price target. To see the full list of analyst forecasts on PWR Holdings stock, see the AU:PWH Stock Forecast page.

More about PWR Holdings

PWR Holdings Limited operates in the automotive industry, focusing on the design and manufacture of high-performance cooling solutions for the automotive and motorsport sectors. The company is known for its advanced cooling systems that cater to a global market, including Formula 1, NASCAR, and other high-performance automotive applications.

YTD Price Performance: 4.90%

Average Trading Volume: 350,355

Technical Sentiment Signal: Buy

Current Market Cap: A$826.6M

For a thorough assessment of PWH stock, go to TipRanks’ Stock Analysis page.

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