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TPG Telecom Limited ( (AU:TPG) ) has issued an announcement.
TPG Telecom Limited announced the appointment of John Otty as a non-executive director, replacing Serpil Timuray, a nominee of Vodafone Group Plc, which owns a substantial share in the company. This change is expected to enhance the board’s expertise in telecommunications, given Mr. Otty’s extensive experience with Vodafone and his familiarity with the Australian market, potentially benefiting shareholders and customers.
The most recent analyst rating on (AU:TPG) stock is a Sell with a A$4.30 price target. To see the full list of analyst forecasts on TPG Telecom Limited stock, see the AU:TPG Stock Forecast page.
More about TPG Telecom Limited
TPG Telecom Limited operates in the telecommunications industry, providing a range of services including mobile and broadband connectivity. The company is focused on delivering innovative communication solutions and holds a significant market position in Australia.
YTD Price Performance: 20.71%
Average Trading Volume: 1,149,845
Technical Sentiment Signal: Buy
Current Market Cap: A$9.87B
For detailed information about TPG stock, go to TipRanks’ Stock Analysis page.