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Tabcorp Director Acquires Shares Under Incentive Plan

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Tabcorp Director Acquires Shares Under Incentive Plan

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Tabcorp Holdings Limited ( (AU:TAH) ) just unveiled an announcement.

Tabcorp Holdings Limited announced a significant change in the shareholding of its director, Gillon McLachlan, who has acquired 802,550 Ordinary Shares as part of his remuneration package under the company’s Short Term Incentive Plan. These shares are restricted from trading for two years, reflecting the company’s strategic approach to aligning executive incentives with long-term performance goals, which may impact its operational dynamics and stakeholder interests.

The most recent analyst rating on (AU:TAH) stock is a Buy with a A$1.12 price target. To see the full list of analyst forecasts on Tabcorp Holdings Limited stock, see the AU:TAH Stock Forecast page.

More about Tabcorp Holdings Limited

Tabcorp Holdings Limited is a prominent company in the gambling and entertainment industry, primarily offering wagering, gaming, and media services. The company is focused on delivering innovative and engaging experiences to its customers in the Australian market.

YTD Price Performance: 90.91%

Average Trading Volume: 6,261,907

Technical Sentiment Signal: Buy

Current Market Cap: A$2.4B

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

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