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Spark NZ Announces Director’s Share Transactions Under LTI Scheme

Story Highlights
  • Spark New Zealand Limited is a leading telecommunications provider in New Zealand.
  • Heather Langton’s transactions involved share conversions, option lapses, and share disposals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Spark NZ Announces Director’s Share Transactions Under LTI Scheme

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The latest update is out from Spark New Zealand Limited ( (AU:SPK) ).

Spark New Zealand Limited’s recent disclosure notice highlights the transactions involving Heather Langton, the People and Culture Director, related to the company’s Long Term Incentive (LTI) Scheme. The transactions included the conversion of options into ordinary shares, the lapse of certain options, and the disposal of shares to cover tax liabilities. These activities reflect internal adjustments in the company’s equity distribution as part of its incentive schemes, which may influence the company’s financial structuring and stakeholder interests.

More about Spark New Zealand Limited

Spark New Zealand Limited is a major telecommunications company in New Zealand, offering a range of services including mobile, broadband, and digital solutions. The company is focused on delivering innovative communication services to both individual and business customers across the country.

Average Trading Volume: 1,787,151

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$3.94B

See more insights into SPK stock on TipRanks’ Stock Analysis page.

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