BlueScope Steel Announces Director’s Share Rights Grant

The latest announcement is out from Bluescope Steel Limited ( (AU:BSL) ).

BlueScope Steel Limited announced a change in the interest of its director, Jennifer Lambert, who has been granted 879 Share Rights under the FY2025 Non-Executive Director Fee Sacrifice Plan. This move reflects the company’s strategic approach to compensating its directors through share-based incentives, potentially aligning their interests with those of the shareholders. The Share Rights are subject to a service-based condition and will be converted into ordinary shares, which will be held in trust until the restriction period expires.

More about Bluescope Steel Limited

BlueScope Steel Limited is a leading company in the steel industry, primarily engaged in the manufacturing and distribution of steel products. The company focuses on providing high-quality steel solutions to various markets, including construction, automotive, and manufacturing sectors.

YTD Price Performance: 31.61%

Average Trading Volume: 499

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $6.77B

Learn more about BSL stock on TipRanks’ Stock Analysis page.