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Bendigo & Adelaide Bank Announces Director’s Share Conversion

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An announcement from Bendigo & Adelaide Bank Ltd. ( (AU:BEN) ) is now available.

Bendigo & Adelaide Bank Ltd. has announced a change in the interest of its director, Victoria Sophia Mary Weekes, involving the conversion of 1,625 Rights to Shares (BENAAD) into BEN ordinary shares. This transaction, part of the BEN Omnibus Equity Plan, resulted in Weekes holding 15,733 BEN ordinary shares and 1,624 Rights to Shares post-conversion. The change reflects the company’s ongoing commitment to aligning director interests with shareholder value, potentially impacting stakeholder perceptions positively.

More about Bendigo & Adelaide Bank Ltd.

Bendigo & Adelaide Bank Ltd. operates in the financial services industry, offering a range of banking products and services. The company focuses on providing retail banking, business banking, and wealth management solutions to its customers.

YTD Price Performance: 6.53%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $3.76B

For a thorough assessment of BEN stock, go to TipRanks’ Stock Analysis page.

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