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WEB Travel Group ( (AU:WEB) ) has shared an update.
WEB Travel Group Limited announced a change in the interest of its Managing Director, John Guscic, as reflected in the Appendix 3Y notice. Mr. Guscic has purchased OTC capped call options referencing 2,710,758 shares and repaid funding arrangements by selling an equivalent number of shares. These transactions have maintained his economic exposure to the same number of shares, indicating a stable position in the company. This move suggests a strategic financial management approach by the director, potentially impacting investor perceptions and stakeholder confidence.
The most recent analyst rating on (AU:WEB) stock is a Buy with a A$7.00 price target. To see the full list of analyst forecasts on WEB Travel Group stock, see the AU:WEB Stock Forecast page.
More about WEB Travel Group
WEB Travel Group Limited is a company in the travel industry, primarily offering travel-related services and products. The company is listed on the Australian Securities Exchange (ASX) under the ticker WEB and is based in Melbourne, Australia.
Average Trading Volume: 1,989,354
Technical Sentiment Signal: Buy
Current Market Cap: A$1.76B
Find detailed analytics on WEB stock on TipRanks’ Stock Analysis page.