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Spark NZ Director’s Shareholding Update Under LTI Scheme

Story Highlights
  • Spark New Zealand operates in telecommunications, offering mobile and broadband services.
  • Gregory Clark’s shareholding changes reflect Spark NZ’s management of executive incentives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Spark NZ Director’s Shareholding Update Under LTI Scheme

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Spark New Zealand Limited ( (AU:SPK) ) has issued an announcement.

Spark New Zealand Limited disclosed changes in the shareholding of Gregory Clark, the SME and Consumer Director, as part of its Long Term Incentive (LTI) Scheme. The disclosure highlights the conversion of options into ordinary shares, the lapse of some options, and the disposal of shares to meet tax liabilities, reflecting the company’s ongoing management of executive incentives and alignment with shareholder interests.

More about Spark New Zealand Limited

Spark New Zealand Limited operates in the telecommunications industry, providing a range of services including mobile, broadband, and digital solutions to both consumer and business markets in New Zealand.

Average Trading Volume: 1,765,725

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$3.97B

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

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