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Lottery Corporation Limited ( (AU:TLC) ) has shared an update.
The Lottery Corporation Limited has announced the appointment of Wayne Pickup as the new Chief Executive Officer and observer to the Board, with plans for him to become Managing Director following administrative formalities. This leadership change follows the retirement of Sue van der Merwe as Managing Director and CEO, who will assist with the transition until January 2026. This transition marks a significant leadership shift for the company, potentially impacting its strategic direction and operations.
The most recent analyst rating on (AU:TLC) stock is a Sell with a A$5.20 price target. To see the full list of analyst forecasts on Lottery Corporation Limited stock, see the AU:TLC Stock Forecast page.
More about Lottery Corporation Limited
The Lottery Corporation Limited operates within the gaming and lottery industry, focusing on providing lottery products and services. It is listed on the Australian Securities Exchange (ASX) under the ticker TLC.
Average Trading Volume: 3,449,812
Technical Sentiment Signal: Buy
Current Market Cap: A$11.82B
Learn more about TLC stock on TipRanks’ Stock Analysis page.