Energy Resources of Australia Ltd. Class A (AU:ERA) has released an update.
Brad Welsh, a director at Energy Resources of Australia Ltd., experienced a change in his indirect shareholdings due to the vesting of Matching RT Share Rights under the Rio Tinto Limited Global Employee Share Plan. The transaction, which occurred on July 19, 2024, resulted in the acquisition of 13 additional RT Shares, priced at $113.88 each, adjusting his total indirect holdings to 2,096 RT Shares. This financial move reflects ongoing adjustments to director’s stakes in the company, an indicator of internal confidence and potential impact on the company’s stock performance.
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