Business
Why the Adbri (ASX:ABC) share price has dipped in trading today
The Adbri Ltd (ASX: ABC) share price is trading slightly lower today after this morning’s announcement of a major shakeup of the company’s senior management roster.
At the time of writing, the Adbri share price is down 0.62% at $3.20.
Shakeup at the top
The Adelaide-based constructions material manufacturer made quite a few changes to its executive leadership team today as part of the company’s restructuring efforts.
Adbri says the changes consolidate the current 3 operating divisions into 2. The 2 new divisions will be Cement and Lime; and the newly formed Concrete, Aggregates & Masonry, which combines the previous Concrete & Aggregates, and Concrete Products divisions.
As a result of these divisional changes, the company has…
-
Noosa News22 hours agoNRL grand final quick hits: Reece Walsh creates magic after avoiding sin bin as Broncos survive Hunt, Reynolds injuries to win premiership
-
General21 hours agoHow the internet reacted to Brisbane Broncos winning the NRL grand final
-
General11 hours agoThree youths in police custody after fire at Ashley Youth Detention Centre in northern Tasmania
-
Noosa News13 hours agoNew playground equipment encourages children to learn through ‘risky play’