Rio Tinto (GB:RIO) has released an update.
Rio Tinto has announced that several of its Key Management Personnel (KMP) and persons discharging managerial responsibility (PDMR) have acquired additional shares through the reinvestment of dividends. The transactions, which took place on 26 September 2024, occurred under the company’s Share Plan Account (SPA), UK Share Plan (UKSP), and the Global Employee Share Plan (myShare). This reinvestment scheme allows dividends to be used to purchase shares in the market, further aligning management’s interests with those of shareholders.
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