tiprankstipranks
Advertisement
Advertisement

Bank of Queensland Director Increases Indirect Shareholding

Story Highlights
  • Bank of Queensland director Paul Riordan acquired 15,375 ordinary shares indirectly via Steamtrain Pty Limited.
  • The on-market purchase, at about $6.59 per share, appears a routine change with no closed-period trading or contract shifts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bank of Queensland Director Increases Indirect Shareholding

Claim 55% Off TipRanks

Bank of Queensland ( (AU:BOQ) ) has issued an announcement.

Bank of Queensland has disclosed a change in director Paul George Riordan’s interests in the company’s securities, reporting an indirect acquisition of 15,375 ordinary shares through Steamtrain Pty Limited via an on-market trade. The shares were purchased at an average price of $6.593435 per share, and the bank confirmed there was no trading during a closed period and no change in the director’s interests in contracts, signalling routine portfolio adjustment rather than a broader strategic move.

The most recent analyst rating on (AU:BOQ) stock is a Buy with a A$7.39 price target. To see the full list of analyst forecasts on Bank of Queensland stock, see the AU:BOQ Stock Forecast page.

More about Bank of Queensland

Bank of Queensland Limited is an Australian financial services provider operating in the banking industry. The bank offers retail and business banking products, including deposit accounts, loans and related financial services, with a focus on customers across Australia.

YTD Price Performance: 2.30%

Average Trading Volume: 2,084,204

Technical Sentiment Signal: Buy

Current Market Cap: A$4.4B

For an in-depth examination of BOQ stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

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
1