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The latest announcement is out from Seven West Media Limited ( (AU:SWM) ).
Seven West Media has disclosed a change in the status of director Teresa Dyson’s shareholding, with 255,986 restricted ordinary shares she holds directly in the company becoming unrestricted, while her indirect holding of 117,720 ordinary shares through the Gritem Superannuation Pty Limited (Glen & Teresa Dyson Family Superannuation Fund) remains unchanged. The conversion of these restricted shares to fully tradable ordinary shares does not alter the total number of securities she owns but increases her flexibility in managing her stake, a routine governance development that provides transparency for investors regarding director equity interests.
The most recent analyst rating on (AU:SWM) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Seven West Media Limited stock, see the AU:SWM Stock Forecast page.
More about Seven West Media Limited
Seven West Media Limited is an Australian media company operating across broadcast television, print and digital platforms. It owns and manages media assets focused on news, entertainment and sports content, serving national and regional audiences and competing in the broader Australian media and advertising market.
Average Trading Volume: 1,285,661
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$192.4M
For an in-depth examination of SWM stock, go to TipRanks’ Overview page.