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An announcement from Austal ( (AU:ASB) ) is now available.
Austal Limited’s Annual General Meeting saw the approval of several key resolutions, including the adoption of the remuneration report and the election of board members. The meeting also approved the issuance of share rights to various executives, reflecting strong shareholder support and potentially enhancing the company’s executive alignment with shareholder interests.
The most recent analyst rating on (AU:ASB) stock is a Hold with a A$7.86 price target. To see the full list of analyst forecasts on Austal stock, see the AU:ASB Stock Forecast page.
More about Austal
Austal Limited operates in the shipbuilding industry, specializing in the design and construction of defense and commercial vessels. The company focuses on delivering innovative maritime solutions to a global market, catering to both governmental and private sector clients.
Average Trading Volume: 1,471,054
Technical Sentiment Signal: Buy
Current Market Cap: A$2.95B
Learn more about ASB stock on TipRanks’ Stock Analysis page.