tiprankstipranks
Company Announcements

IAG Director Increases Shareholding Through Dividend Reinvestment

Story Highlights
  • Insurance Australia Group Limited operates in the insurance industry in Australia and New Zealand.
  • Director Wendy Thorpe acquired 40 shares via the Dividend Reinvestment Plan, increasing her direct holdings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IAG Director Increases Shareholding Through Dividend Reinvestment

Insurance Australia Group Limited ( (AU:IAG) ) just unveiled an announcement.

Insurance Australia Group Limited has announced a change in the director’s interest, with Wendy Thorpe acquiring 40 additional fully paid ordinary shares through the company’s Dividend Reinvestment Plan. This change reflects a modest increase in her direct holdings, bringing the total to 2,635 shares directly held, while her indirect holdings remain unchanged. The announcement is part of regular disclosures to the ASX and does not indicate any significant shift in the company’s strategic direction or operations.

More about Insurance Australia Group Limited

Insurance Australia Group Limited (IAG) operates in the insurance industry, providing a range of insurance products and services primarily focused on the Australian and New Zealand markets.

YTD Price Performance: -6.17%

Average Trading Volume: 5,259

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $11.39B

Find detailed analytics on IAG stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App