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Bank of Queensland Director Patrick Allaway Receives Additional Equity Awards

Story Highlights
  • Bank of Queensland disclosed updated direct and indirect equity interests for director Patrick Allaway.
  • Allaway received new performance rights and restricted shares as remuneration, aligning incentives with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bank of Queensland Director Patrick Allaway Receives Additional Equity Awards

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Bank of Queensland ( (AU:BOQ) ) just unveiled an update.

Bank of Queensland has disclosed a change in the security holdings of director Patrick Allaway, detailing both his direct and indirect interests in the bank’s equity. The filing shows that Allaway has received 207,485 Executive Performance Rights and 81,406 Restricted Shares, granted as remuneration under the BOQ Equity Incentive Plan, with no securities disposed. The additional equity-based awards further align the director’s interests with those of shareholders and reflect the bank’s continued use of performance-linked incentives as part of its executive remuneration structure.

The most recent analyst rating on (AU:BOQ) stock is a Buy with a A$7.15 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 regional bank that provides a range of retail and business banking services, including deposits, loans and related financial products. It operates in the domestic financial services sector with a focus on personal, small business and commercial customers across Australia.

Average Trading Volume: 1,806,367

Technical Sentiment Signal: Buy

Current Market Cap: A$4.46B

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

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