tiprankstipranks
Mirvac Group Director Increases Stake in Company
Company Announcements

Mirvac Group Director Increases Stake in Company

Mirvac Group (AU:MGR) has released an update.

Pick the best stocks and maximize your portfolio:

Mirvac Group has announced a change in the interests of its director, Alan Robert Harold Sindel, as he increased his direct holding of stapled securities by 48,176 shares, bringing his total direct holding to 137,602 shares. This adjustment resulted from the vesting of rights under the company’s Non-Executive Director Fee Sacrifice Rights Plan, with the rights valued at $1.99 per share based on a 30-day volume-weighted average price. Investors might find this development crucial as it reflects insider confidence in Mirvac Group’s future prospects.

For further insights into AU:MGR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskMirvac Group Extends On-Market Buy-Back Program
TipRanks Australian Auto-Generated NewsdeskMirvac Group Boosts Director’s Stake with New Incentives
TipRanks Australian Auto-Generated NewsdeskMirvac Group Issues New Employee Performance Rights
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