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Southern Cross Media Group Announces AGM Results with Key Resolutions Passed

Story Highlights
  • Southern Cross Austereo is a leading Australian media company with a broad digital audio offering.
  • At the AGM, key resolutions were passed, showing support for the current management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Southern Cross Media Group Announces AGM Results with Key Resolutions Passed

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The latest update is out from Southern Cross Media Group Limited ( (AU:SXL) ).

Southern Cross Media Group Limited held its Annual General Meeting on November 24, 2025, where all resolutions were decided by poll. Key outcomes included the re-election of Ido Leffler as a non-executive director, the adoption of the Remuneration Report, and the granting of performance rights to the Managing Director, all of which were carried. However, the resolution to remove Heith Mackay-Cruise as Director was not carried. These decisions reflect the shareholders’ support for the current management and strategic direction of the company.

The most recent analyst rating on (AU:SXL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Southern Cross Media Group Limited stock, see the AU:SXL Stock Forecast page.

More about Southern Cross Media Group Limited

Southern Cross Austereo (SCA) is a prominent Australian media company, known for its digital audio app LiSTNR, and the Hit and Triple M radio networks. The company offers a wide range of digital audio content, including live sports coverage and podcasts, reaching an estimated eight million people monthly. SCA owns 104 radio stations and provides national sales representation for 56 regional stations, engaging over nine million listeners across its networks.

YTD Price Performance: 40.11%

Average Trading Volume: 317,879

Technical Sentiment Signal: Buy

Current Market Cap: A$191.9M

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

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