Dicker Data Faces ‘First Strike’ on Remuneration Report at AGM

Dicker Data Limited ( (AU:DDR) ) has provided an update.

Dicker Data Limited announced the results of its Annual General Meeting, revealing that more than 25% of votes were against the adoption of the Remuneration Report, marking a ‘first strike’ under the Corporations Act 2001. This outcome may have implications for the company’s governance and could influence future shareholder engagement and decision-making processes.

The most recent analyst rating on (AU:DDR) stock is a Buy with a A$10.40 price target. To see the full list of analyst forecasts on Dicker Data Limited stock, see the AU:DDR Stock Forecast page.

More about Dicker Data Limited

Dicker Data Limited is an Australian-owned and operated technology distributor, listed on the ASX, that has been in business since 1978. The company specializes in distributing a wide range of technology hardware, software, and cloud solutions from leading global vendors such as Cisco, Citrix, Dell Technologies, Hewlett Packard Enterprise, HP, Lenovo, and Microsoft. Dicker Data focuses on building strong relationships with its partners, offering tailored solutions and adapting to changing market conditions to enhance profitability.

Average Trading Volume: 325,190

Technical Sentiment Signal: Buy

Current Market Cap: A$1.57B

Learn more about DDR stock on TipRanks’ Stock Analysis page.