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Senetas Corporation Limited ( (AU:SEN) ) has issued an announcement.
Senetas Corporation Limited announced a change in the director’s interest, specifically regarding Andrew R. Wilson. Following shareholder approval at the Annual General Meeting, the company completed a 100:1 share consolidation, affecting the number of shares and options held. As a result, Wilson now holds 16,725 shares and 360,000 options, with the new options issued under the 2023 Employee Share Ownership Plan. This adjustment reflects Senetas’ strategic financial restructuring, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:SEN) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Senetas Corporation Limited stock, see the AU:SEN Stock Forecast page.
More about Senetas Corporation Limited
Senetas Corporation Limited operates in the cybersecurity industry, specializing in the development and provision of encryption solutions for data protection. The company focuses on delivering high-assurance encryption hardware and software to secure sensitive information across various sectors, including government, defense, and enterprise markets.
Average Trading Volume: 9,559
Technical Sentiment Signal: Buy
Current Market Cap: A$39.95M
Learn more about SEN stock on TipRanks’ Stock Analysis page.