Codan Limited Updates Director’s Interest in Securities
Codan Limited (AU:CDA) has updated its director's interest notice, specifically for Alfonzo Ianniello, by issuing additional performance rights under the Codan Share Rights Plan. This change aims to align management incentives with shareholder interests, potentially enhancing governance and stakeholder confidence. The latest analyst rating for AU:CDA is a Hold with a price target of A$37.00. Codan operates in the technology sector, focusing on electronic solutions, including communications and metal detection products, with a current market cap of A$6.52B.
The latest announcement is out from Codan Limited ( (AU:CDA) ).
Codan Limited has announced a change in the director’s interest notice, specifically regarding Alfonzo Ianniello’s performance rights. The change involves the issuance of additional performance rights under the Codan Share Rights Plan Rules, increasing his total holdings. This adjustment reflects the company’s ongoing efforts to align management incentives with shareholder interests, potentially impacting the company’s governance and stakeholder confidence.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$37.00 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
More about Codan Limited
Codan Limited operates in the technology industry, primarily focusing on the development and manufacturing of electronic solutions. The company is known for its high-quality communications, metal detection, and mining technology products, serving various market segments including defense, security, and exploration sectors.
Average Trading Volume: 454,209
Technical Sentiment Signal: Buy
Current Market Cap: A$6.52B
Find detailed analytics on CDA stock on TipRanks’ Stock Analysis page.
