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Australian Finance Group Ltd. ( (AU:AFG) ) has shared an announcement.
Australian Finance Group Ltd has announced an increase in the fixed annual remuneration of its CEO, David Bailey, to $800,000, reflecting the company’s growth under his leadership since 2017. The adjustment aligns the CEO’s pay with market standards for ASX300 companies and includes provisions for short-term and long-term incentives, as well as an extended notice period and non-compete clause, indicating a strategic move to retain and motivate executive talent.
The most recent analyst rating on (AU:AFG) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Australian Finance Group Ltd. stock, see the AU:AFG Stock Forecast page.
More about Australian Finance Group Ltd.
Australian Finance Group Ltd (AFG) operates in the financial services industry, providing mortgage broking services and financial products. It focuses on offering competitive financial solutions and services to its clients, positioning itself among the ASX300 companies.
Average Trading Volume: 619,789
Technical Sentiment Signal: Buy
Current Market Cap: A$739.2M
For a thorough assessment of AFG stock, go to TipRanks’ Stock Analysis page.