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The latest announcement is out from Shape Australia Corporation Limited ( (AU:SHA) ).
SHAPE Australia Corporation Limited announced a change in the shareholding of its CEO, Peter Marix-Evans, who sold 228,925 shares to address tax and debt obligations. This marks his first share sale since the company’s ASX listing in 2021. Despite this sale, Marix-Evans retains approximately 86% of his shares and has no plans for further sales in the near future. The transaction was conducted in line with the company’s Share Trading Policy, suggesting a controlled and transparent approach to internal share dealings.
The most recent analyst rating on (AU:SHA) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Shape Australia Corporation Limited stock, see the AU:SHA Stock Forecast page.
More about Shape Australia Corporation Limited
SHAPE Australia Corporation Limited (ASX: SHA) is a prominent national fitout and construction services specialist based in Sydney, with operations across major Australian cities. The company is involved in various sectors including Commercial Buildings, New Build and Modular Construction, Facades, Defence, Education, Health, Hospitality, and Retail. Known for its award-winning culture and high Net Promoter Score of +85, SHAPE Australia emphasizes transparency and a partnership approach in its projects.
Average Trading Volume: 180,444
Technical Sentiment Signal: Buy
Learn more about SHA stock on TipRanks’ Stock Analysis page.