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Regis Healthcare Ltd. ( (AU:REG) ) has provided an update.
Regis Healthcare Ltd announced a change in the director’s interest, specifically regarding Linda Jane Mellors. The change involved the cessation of performance rights under the FY24 STI Plan, where a cash equivalent payment was made instead of allocating ordinary shares. This decision reflects the company’s strategic financial management approach, potentially impacting its financial operations and signaling a focus on liquidity management.
The most recent analyst rating on (AU:REG) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Regis Healthcare Ltd. stock, see the AU:REG Stock Forecast page.
More about Regis Healthcare Ltd.
Regis Healthcare Ltd is a company operating in the healthcare industry, primarily focusing on providing aged care services. The company is known for its residential care facilities and services tailored to the elderly population, positioning itself as a significant player in the aged care market.
Average Trading Volume: 1,108,596
Technical Sentiment Signal: Buy
Current Market Cap: A$1.84B
For a thorough assessment of REG stock, go to TipRanks’ Stock Analysis page.