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Swoop Holdings Faces ‘First Strike’ on Remuneration Report at AGM

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Swoop Holdings Faces ‘First Strike’ on Remuneration Report at AGM

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An announcement from Swoop Holdings Limited ( (AU:SWP) ) is now available.

Swoop Holdings Limited held its virtual Annual General Meeting, where it was revealed that more than 25% of votes were against the adoption of the 2025 remuneration report, marking a ‘first strike’ under the Corporations Act 2001. This outcome may affect the company’s governance and stakeholder relations, highlighting potential concerns among shareholders regarding executive compensation.

The most recent analyst rating on (AU:SWP) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Swoop Holdings Limited stock, see the AU:SWP Stock Forecast page.

More about Swoop Holdings Limited

Swoop Holdings Limited is a national provider of data, mobile, and voice services targeting channel, business, and residential customers. The company focuses on leveraging its own fibre and fixed wireless infrastructure to deliver ultra-reliable, high throughput, and flexible telecom network services, aiming to become Australia’s leading challenger in the internet and telecommunications sector.

Average Trading Volume: 115,346

Technical Sentiment Signal: Sell

Current Market Cap: A$28.95M

See more data about SWP stock on TipRanks’ Stock Analysis page.

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