Humm Group Limited-Boards Unanimous Opposition to Proposed Resolutions
Humm Group Limited's (ASX: HUM) board has issued a strong recommendation against the resolutions proposed by certain shareholders seeking to remove three directors and replace them with their nominees. The current board has delivered a robust strategy since mid-2022, yielding a 118% total return for shareholders. The board's efforts have led to a substantial growth in receivables, improved financial performance, and a disciplined approach to capital management. The proposed changes, according to the board, risk undermining these achievements and the company's financial stability, particularly through flawed capital management plans. The current board, with its experience and independence, ensures strong governance and is committed to creating long-term value, making the proposed changes a threat to humm's future growth and stability. Shareholders are urged to vote against all resolutions in the upcoming general meeting on February 19, 2026
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Humm Group Limited-Boards Unanimous Opposition to Proposed Resolutions
Humm Group Limited's (ASX: HUM) board has issued a strong recommendation against the resolutions proposed by certain shareholders seeking to remove three directors and replace them with their nominees. The current board has delivered a robust strategy since mid-2022, yielding a 118% total return for shareholders. The board's efforts have led to a substantial growth in receivables, improved financial performance, and a disciplined approach to capital management. The proposed changes, according to the board, risk undermining these achievements and the company's financial stability, particularly through flawed capital management plans. The current board, with its experience and independence, ensures strong governance and is committed to creating long-term value, making the proposed changes a threat to humm's future growth and stability. Shareholders are urged to vote against all resolutions in the upcoming general meeting on February 19, 2026
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au