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Silk Logistics Announces Director’s Interest Change

Story Highlights
  • Silk Logistics Holdings Limited reported a change in director Brendan Boyd’s holdings.
  • Cancellation of unlisted options resulted in cash payments, impacting governance and shareholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Silk Logistics Announces Director’s Interest Change

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Silk Logistics Holdings Ltd. ( (AU:SLH) ) has shared an update.

Silk Logistics Holdings Limited announced a change in the director’s interest, specifically regarding Brendan Boyd’s holdings. The company reported the cancellation of 499,024 unlisted options exercisable at $2.1028 per option and 890,462 unlisted options exercisable at $2.01 per option, resulting in cash payments to the director. This change reflects a strategic adjustment in the director’s securities, which may impact the company’s governance and shareholder interests.

The most recent analyst rating on (AU:SLH) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Silk Logistics Holdings Ltd. stock, see the AU:SLH Stock Forecast page.

More about Silk Logistics Holdings Ltd.

Average Trading Volume: 112,479

Technical Sentiment Signal: Buy

Current Market Cap: A$174.5M

For a thorough assessment of SLH stock, go to TipRanks’ Stock Analysis page.

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