Argo Global Listed Infrastructure Director Increases Stake via Dividend Reinvestment Plan

Argo Global Listed Infrastructure Ltd. ( (AU:ALI) ) has issued an announcement.

Argo Global Listed Infrastructure has disclosed a change in director Fiona Hele’s indirect shareholding in the company. Hele, through her superannuation vehicle Hele Superannuation Pty Ltd as trustee for the Hele Super Fund, increased her beneficial holding via the company’s Dividend Reinvestment Plan.

The notice shows that Hele acquired 537 fully paid ordinary shares at $2.45 per share under the DRP, lifting her total interest from 29,215 to 29,752 shares. The transaction was not conducted during a closed trading period, indicating it followed standard governance procedures and reflects ongoing alignment of the director’s interests with those of shareholders through reinvested dividends.

The most recent analyst rating on (AU:ALI) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Argo Global Listed Infrastructure Ltd. stock, see the AU:ALI Stock Forecast page.

More about Argo Global Listed Infrastructure Ltd.

Argo Global Listed Infrastructure Limited is an Australia-listed investment company focused on global listed infrastructure securities. It provides investors with diversified exposure to infrastructure assets such as utilities, transport, energy, and related services through a professionally managed portfolio, targeting long-term income and capital growth from international markets.

YTD Price Performance: -4.53%

Average Trading Volume: 76,365

Technical Sentiment Signal: Buy

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