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Superloop Director Increases Stake Through Performance Rights Exercise

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Superloop Director Increases Stake Through Performance Rights Exercise

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Superloop Ltd. ( (AU:SLC) ) just unveiled an announcement.

Superloop Limited announced a change in the director’s interest as Paul Tyler, a director of the company, exercised performance rights to acquire 271,621 fully paid ordinary shares. This transaction, valued at approximately $763,255, reflects an increase in Tyler’s indirect shareholding through 3 Paterson Pty Limited, enhancing his voting power and stake in the company.

The most recent analyst rating on (AU:SLC) stock is a Buy with a A$3.90 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 Limited operates in the telecommunications industry, providing connectivity services and infrastructure solutions. The company focuses on delivering high-speed internet and network services across various markets.

Average Trading Volume: 1,503,789

Technical Sentiment Signal: Buy

Current Market Cap: A$1.49B

For detailed information about SLC stock, go to TipRanks’ Stock Analysis page.

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