Duratec Limited Announces Director’s Interest Change
Duratec Limited (AU:DUR) has announced a change in director’s interest for Christopher John Oates, granting him 850,000 performance rights expiring in 2029. This move aims to align executive interests with company performance, indicating confidence in future growth. The latest analyst rating for AU:DUR is a Buy with a price target of A$1.87. Duratec's current market cap is A$371M, with an average trading volume of 369,848.
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Duratec Limited ( (AU:DUR) ) has provided an update.
Duratec Limited has announced a change in the director’s interest, specifically for Christopher John Oates. The company has granted 850,000 performance rights expiring in 2029 to Mr. Oates as incentives, subject to performance conditions, increasing his total holdings to include these new rights. This move indicates a strategic effort by Duratec to align executive interests with company performance, potentially impacting the company’s operational focus and signaling confidence in future growth.
The most recent analyst rating on (AU:DUR) stock is a Buy with a A$1.87 price target. To see the full list of analyst forecasts on Duratec Limited stock, see the AU:DUR Stock Forecast page.
More about Duratec Limited
Average Trading Volume: 369,848
Technical Sentiment Signal: Buy
Current Market Cap: A$371M
For an in-depth examination of DUR stock, go to TipRanks’ Stock Analysis page.
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