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ResMed Director Acquires Additional Shares Through RSUs

Story Highlights
  • ResMed Inc focuses on sleep and respiratory care products globally.
  • Director Christopher DelOrefice acquired 1,073 shares through RSUs, aligning leadership interests with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ResMed Director Acquires Additional Shares Through RSUs

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Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh ( (AU:RMD) ) just unveiled an announcement.

ResMed Inc has reported a change in beneficial ownership as Director Christopher DelOrefice acquired 1,073 shares of common stock through Restricted Stock Units (RSUs) that vest by November 2026 or at the next annual stockholders’ meeting. This transaction reflects the company’s ongoing commitment to align its leadership’s interests with shareholder value, potentially impacting the company’s governance and stakeholder confidence.

The most recent analyst rating on (AU:RMD) stock is a Buy with a A$42.00 price target. To see the full list of analyst forecasts on Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh stock, see the AU:RMD Stock Forecast page.

More about Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh

ResMed Inc operates in the healthcare industry, primarily focusing on the development and manufacturing of products for the treatment of sleep disorders, such as sleep apnea, and other respiratory conditions. The company is known for its innovative solutions in sleep and respiratory care, catering to a global market with a range of devices and cloud-connected solutions.

Average Trading Volume: 1,214,271

Technical Sentiment Signal: Buy

Current Market Cap: A$56.69B

Learn more about RMD stock on TipRanks’ Stock Analysis page.

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