Australia's Droneshield drops after first strike on resolution to adopt remuneration report
01/06/2026 02:11
BUZZ-Australia's Droneshield drops after first strike on resolution to adopt remuneration report ** Shares of Droneshield DRO.AX fall as much as 12.1% to A$2.98, their lowest level since May 22
** The counter‑drone technology firm on Friday, after market hours, said more than 25% of the votes were cast against the resolution to adopt the remuneration report, resulting in a first strike
** Stock down 2.9% this year, including the day's move
(Reporting by Sherin Sunny in Bengaluru)
Recent news on DroneShield
See all newsJefferies cuts DroneShield PT, says FY26 underlying sales growth appears flat
Australia's DroneShield rises to over 1-month high on US Army contract
Brief: Droneshield Awarded $500 Million US Idiq Procurement Vehicle
Australia's DroneShield jumps on US Army contract for up to $500 million in orders
Australia's DroneShield bags contract to compete for US Army awards worth up to $500 million