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The latest announcement is out from RPM Automotive Group Ltd. ( (AU:RPM) ).
RPM Automotive Group Ltd. has announced the issuance of 1,317,460 ordinary fully paid shares to its directors in lieu of directors’ fees, as approved at the recent Annual General Meeting. This strategic move is aimed at aligning the interests of the directors with those of the shareholders, potentially enhancing the company’s governance and operational focus.
The most recent analyst rating on (AU:RPM) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on RPM Automotive Group Ltd. stock, see the AU:RPM Stock Forecast page.
More about RPM Automotive Group Ltd.
RPM Automotive Group Ltd. operates in the automotive industry, focusing on the provision of products and services related to automotive parts and accessories. The company is involved in the distribution, retail, and repair of automotive components, catering to a diverse market segment within the automotive sector.
Average Trading Volume: 254,022
Technical Sentiment Signal: Sell
Current Market Cap: A$14.91M
For a thorough assessment of RPM stock, go to TipRanks’ Stock Analysis page.