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Superloop Director Alters Shareholding in Strategic Move

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Superloop Director Alters Shareholding in Strategic Move

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Superloop Ltd. ( (AU:SLC) ) has shared an update.

Superloop Ltd. announced a change in the director’s interest, with Vivian Stewart reducing his direct shareholding in the company. The transaction involved the disposal of 73,109 fully paid ordinary shares, valued at $224,272.33, through an on-market trade. This adjustment in shareholding reflects a strategic move by the director, potentially impacting the company’s governance and stakeholder dynamics.

The most recent analyst rating on (AU:SLC) stock is a Buy with a A$3.60 price target. To see the full list of analyst forecasts on Superloop Ltd. stock, see the AU:SLC Stock Forecast page.

More about Superloop Ltd.

Superloop Ltd. operates in the telecommunications industry, providing connectivity services and network infrastructure solutions. The company focuses on delivering high-speed internet services and network solutions to businesses and consumers, enhancing digital connectivity across various markets.

Average Trading Volume: 1,666,405

Technical Sentiment Signal: Buy

Current Market Cap: A$1.51B

Learn more about SLC stock on TipRanks’ Stock Analysis page.

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